Subex net profits jumps 112% in Oct-Dec

Subex recorded consolidated revenue of $27.83 million for the third quarter of fiscal year 2011.
Profit after tax (before exceptional items) for the period that ended December 31 stood at $5.28 million, up 111.25% from $2.5 million in the same quarter of the previous year.
Product revenue for the quarter was at $24.4 million, representing 87.7 % of the overall revenue for the period.
Consolidated EBITDA for the period stood at $ 8.49 million.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.