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.

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Tags ASX:VOCJames SpenceleyVocusfinancial results

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