WiMAX operator BigAir Group (ASX:BGL) has upgraded its ebitda forecast for FY10 to $3 million, after exceeding its earnings expectations for the month of April.
The company, which had previously been expecting ebitda of just $2.5 million to $2.8 million for the year ending in June, said its April ebitda had exceeded $300,000.
“The April result is an important milestone for BigAir and a reflection of the combination of our continued strong on-net, organic revenue growth as well as the earlier than expected successful integration of the recently acquire Whizz business,” BigAir CEO Jason Ashton said.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.