Subex revenue reaches $22.4m

Subex registered $22.38 million in revenue for the second quarter of its fiscal year 2010.
 
During that period, product revenue reached $18.3 million, accounting for almost 82% of overall revenue. Cash flow indicator EBITDA likewise increased during the period, with overall business and order intake stabilizing, the company said.
 
Subex remains positive it will continue to post growth moving forward.
 
Subex is the pioneer of the concept of the Revenue Operations Center -- a centralized approach that sustains profitable growth and financial health through coordinated operational control.