NetComm (ASX:NTC) swings to 2H profit

NetComm (ASX:NTC) swings to 2H profit

Telecom equipment vendor NetComm (ASX:NTC) has estimated it swung back to a $1.7 million profit in the second half of the year from a 1H loss.

Preliminary final results indicate that revenue grew to $32.3 million from $22.9 million in the first half, Netcomm said.

The company said it expects growth to continue in FY11.

NTC shares have today risen 2.08% to $0.245.

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