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eServGlobal narrows losses 18% in FY10

eServGlobal narrows losses 18% in FY10

Telecom software vendor eServGlobal (ASX:ESV) narrowed its losses 18% to $32 million in FY10, despite a 47% decrease in revenue.

The company reported revenue of $78 million for the year, and a 51% decrease in gross profit to $34.6 million.

eServGlobal is set to book proceeds of around $77.9 million in FY11 from the

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Tags OraclesoftwareTelecommunicationsfinancial resultseservglobalASX:ESV

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