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Article: FiberNet Reports Third Quarter 2008 Results.
- Article from:
- PR Newswire
- Article date:
- October 30, 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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Third Quarter of 2008 Revenues Increase 19.3% and EBITDA Increases 40.1% Over Comparable Period in 2007
NEW YORK, Oct. 30 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. , a leading provider of complex interconnection services, today announced its results for the third quarter ended September 30, 2008.
Revenues for the third quarter of 2008 increased to $14.9 million, up 19.3% from $12.5 million for the third quarter of 2007 and up 3.5% from $14.4 million for the second quarter of 2008.
EBITDA (as defined) for the third quarter of 2008 was $3.0 million, up 40.1% from $2.1 million for the third quarter of 2007 and up 4.7% from $2.8 ...