Menu
Menu
Vocus (ASX:VOC) FY10 profit surges 355% to $3.8m

Vocus (ASX:VOC) FY10 profit surges 355% to $3.8m

Wholesale telecom services provider Vocus Communications (ASX:VOC) has reported a 355.4% surge in FY10 profit to $3.8 million.

The operator reported ebitda growth of 641% to $8.15 million, on 241.8% revenue of $17.5 million.

“The strong result is testament to Vocus' wholesale business model which is underpinned by growing demand, long-term contracts and continued focus on customer service,” Vocus CEO James Spenceley said.

VOC shares are trading unchanged at $0.680.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags financial resultsVocusJames SpenceleyASX:VOC

Show Comments
Computerworld
ARN
Techworld
CMO