Subex Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 29, 2019 at 05:43 am
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Subex Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 0.276 million compared to INR 2.679 million a year ago. Total income was INR 0.297 million compared to INR 3.139 million a year ago. Net loss for the period was INR 0.801 million compared to INR 0.420 million a year ago. Basic loss per share was INR 0.14 compared to INR 0.07 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 1.402 million compared to INR 17.541 million a year ago. Total income was INR 1.405 million compared to INR 18.065 million a year ago. Net loss for the period was INR 2.308 million compared to profit of INR 0.214 million a year ago. Basic loss per share was INR 0.41 compared to profit of INR 0.04 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 8.228 million compared to INR 8.643 million a year ago. Total income was INR 8.255 million compared to INR 8.671 million a year ago. Net loss for the period was INR 0.206 million compared to INR 0.361 million a year ago. Basic earnings per share was INR 0.04 compared to INR 0.06 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 24.625 million compared to INR 24.367 million a year ago. Total income was INR 24.686 million compared to INR 24.470 million a year ago. Net profit for the period was INR 1.232 million compared to INR 564 million a year ago. Basic earnings per share was INR 0.22 compared to INR 0.10 a year ago.
Subex Limited is an India-based provider of telecom analytics solutions. The Company is engaged in providing of operations and business support systems (OSS/BSS) to communication service providers (CSPs) worldwide in the telecom industry. The Company operates across North America, South America, Canada, Europe, Middle East, Singapore, Australia, and Bangladesh. It offers business assurance, fraud and security, network analytics, identity management, OT security, partner ecosystem management. The Company's network security suite offers comprehensive solutions, services, and consulting designed to secure networks and the components, thus ensuring network integrity and availability. Its AI-First Fraud Management on HyperSense is an end-to-end fraud management solution that provides 360-degree protection across various service offerings. The Company's operational technology (OT) and internet of things (IoT) cybersecurity solutions provides converged networks, detect malicious behaviors.