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.