Redknee revenues up 31% in Q4 2010

Staff writer
09 Dec 2010

Redknee revenues for the fourth quarter of fiscal year 2010 that ended September 30 reached $14.2 million ($13 million in current prices), up 31% year-on-year.

Full-year revenues also increased by 2.4% to $54.6 million ($48.9 million in current prices).

Redknee recently won a transformation contract in Asia Pacific worth at least $5 million

CEO Lucas Skoczkowski said the company expects continuing volatility of quarter-to-quarter revenue volatility and foreign exchange headwinds.

MORE ARTICLES ON: Earnings, Redknee

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