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Article: FiberNet Reports Fourth Quarter and Full Year 2007 Results.
- Article from:
- PR Newswire
- Article date:
- March 25, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. 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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Fourth Quarter of 2007 Revenues Increase 21.4% and EBITDA Increases 47.0% Over Comparable Period in 2006
NEW YORK, March 25 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. , a leading provider of complex interconnection services, today announced its results for the fourth quarter and fiscal year ended December 31, 2007.
Revenues for the fourth quarter of 2007 increased to $13.6 million, up 21.4% from $11.2 million for the fourth quarter of 2006 and up 8.6% from $12.5 million for the third quarter of 2007. Included in revenues for the fourth quarter of 2007 were $0.3 million in non-recurring revenues from an early termination fee collected from a ...