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Broadband

Global Voice Q3 revenues up as company bookings strong

Monday 17 November 2008 | 16:36 CET | News
Networking services provider Global Voice Group (GVG) reported third-quarter revenues soared 56 percent to EUR 6.33 million, against EUR 4.1 million the year earlier. The net loss narrowed by 35 percent to EUR 3.8 million from last year's EUR 5.9 million. EBITDA, excluding the non-cash cost of share options, went to a profit of EUR 156,000 during the quarter from a loss of EUR 2.4 million on a like-for-like basis. Recurring revenues rose 8 percent in the quarter compared to the previous quarter. The Frankfurt-based company, which trades as EuNetworks in Europe, signed on 15 new clients and

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Categories: Fixed
Countries: Western Europe
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