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Article: Syniverse Announces Record Fourth Quarter and Full Year 2004 Results.
- Article from:
- Business Wire
- Article date:
- March 7, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TAMPA, Fla. -- Syniverse Holdings, Inc. (NYSE:SVR), a leading provider of mission-critical technology services, today reported record results for fourth quarter and full year 2004.
Total revenues were $88.3 million for the fourth quarter 2004, a quarterly record, and a 25.9% year over year increase. Full year 2004 total revenues were $332.4 million, a 22.5% increase compared to 2003.
Net revenue excluding off-network database queries, or pass-thru revenue, was $85.2 million for the fourth quarter 2004, an increase of 30.7% compared to the same period in 2003. For full year 2004, net revenue was $308.7 million, a 27.6% increase compared to 2003.
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