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Subex Posts $1.4M Q3 Profit

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2/7/2013
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BANGALORE, India -- Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers, today announced its financial results for the second quarter ended December 31, 2012. Revenues for the quarter at US$ 16.6 million (Rs. 906 million)

  • Up 16% QoQ from US$ 14.3 million (Rs. 780.4 million)
  • License & Implementation at 48%, Managed Services & Support at 49% and Services at 3% of the total revenues
Operating Profit for the quarter at US$ 4.13 million (Rs. 227.6 million)
  • Up from operating loss of US$ (-)1.33 million (Rs. (-)73.4 million)
  • Forex gain for the quarter at US$ 0.6 million (Rs. 35.2 million) as compared to forex loss of US$ (-)2.1 million (Rs. (-) 114.9 million) for the previous quarter Subex Ltd.
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