VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan 31, 2017) – Uniserve Communications Corporation (the “Company”) (TSX VENTURE:USS) is pleased to announce that as a result of the second quarter corporate restructuring activity, the fiscal Q2 2017 financial results show a 28% reduction in operating expenses, a 16.6% increase in revenues and a 145% improvement in EBITDA versus the Q2 2016 results.
The Company finished the quarter with:
- A positive Q2 2017 EBITDA of $85K vs Q2 2016 loss of $188k
- Gross revenues for the quarter ending November 2016 of $1.8m representing an 16.6% increase over the comparable quarter in 2016
- A positive EBITDA of $50K in the first six months of fiscal 2017
To view a financials table related to this release, please…
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