Manufacturing Industry
REDLINE COMMUNICATIONS GROUP INC - Final Results.
PR Newswire UK Disclose, February, 2008
Redline Reports Fourth Quarter and Full Year 2007 Results
/NOT FOR DISTRIBUTION IN THE UNITED STATES/
All figures in US Dollars unless specified
- Company achieves 47% year on year revenue growth; increases WiMAX
revenues by 85% -
TORONTO, Feb. 28 /CNW/ - Redline Communications Group Inc. ("Redline" or
"the Company"), (TSX/AIM: RDL), a leading provider of WiMAX and wireless
broadband solutions today announced its financial results for the fourth
quarter and year ended December 31, 2007.
Financial Highlights:
- 2007 revenue increased to $52.2 million, a 47% increase over 2006
- Q4 2007 revenue was $12.8 million, resulting in 2H revenue of
$26.5 million and the Company's 11th consecutive six-month period of ...
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