euNetworks Group Limited (SGX:H23.SI) has released the financial results for the first quarter of 2010. The company reported total revenue for the quarter of €8.0 million. This is 14% more than the revenue reported for the comparable period of 2009. It’s gross margin for the quarter was 80% and the company earned 13 new customers gained in the quarter. The full financial report is available for review online at http://www.eunetworks.com/.
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euNetworks Group Limited (SGX:H23:SI) is a bandwidth infrastructure provider and owns 15 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone. The company offers a portfolio of metro and longhaul Ethernet and Internet Protocol services including dark fibre, dedicated fibre, wavelength, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfill their high bandwidth needs.
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