Subex Q2 profit up 27% to $5.3m

Staff writer
17 Nov 2011

Subex’s net consolidated revenue for its fiscal 2012 second quarter that ended September 30 was $27.56 million, up 3% from $26.68 million year-on-year.

Net profit before exceptional items reached $5.32 million, up 27% from $4.19 million.

Revenue from products was $25.18 million, growing by 18% compared to the previous quarter and contributed 91.37 % of the consolidated revenue.

Product EBITDA was $8.16 million while the EBITDA for business optimization was $9.66 million.

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