Redknee earnings jump 31% in Q4
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.