deltathree, Inc. (DDDC.OB) Posts Q1 Results, Notes Solid Future in International Video Phone Market
deltathree Inc., a global provider of Voice over Internet Protocol (VoIP) telephony services, products, hosted solutions and infrastructures for service providers, resellers and direct consumers, today posted its financial results for the first quarter ended March 31, 2010. For the first quarter of 2010, the company reported total revenues of $3.1 million compared with $5.3 million reported for the first quarter of 2009. The company attributes the year-over-year decline in quarterly revenue mainly to the suspension of the operations of its largest reseller customer in the fourth quarter of 2009, as well as higher levels of revenue from service provider…