I'm not sure how many of you follow a lot of the industry, but I'm assuming some of you do. Packet8 has their earnings call today and announced an operating income of nearly $700K for the quarter. Their numbers keep improving.

Just goes to prove what I've been saying all along that independent pure play VoIP can be profitable.

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"GAAP net income for the fourth quarter of fiscal 2008 was $691,000 or $0.01 per share, compared with a loss of $2.9 million, or ($0.05) per share for the same period last year. Operating income for the fourth quarter of fiscal 2008 was $695,000, the company's first reported operating income since the inception of the Packet8 business. Operating cash flow for the fourth quarter of fiscal 2008 was $420,000 and $3 million for all of fiscal 2008. The company ended its 2008 fiscal year with no debt and cash and investments of $14.6 million, an increase of approximately $2.6 million from the end of fiscal 2007."

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