QuStream Corporation Announces Fourth Quarter and Full Fiscal Year 2009 Results
2010年4月2日 - 5:00AM
Marketwired
QuStream Corporation ("QuStream" or the "Company") (TSX VENTURE:
QVC), a provider of broadcast and Pro A/V solutions, today
announced its fourth quarter and full fiscal year 2009 results.
Revenue for the fourth quarter of fiscal 2009 was US $1.5
million compared to US $4.1 million in the same period in fiscal
2008, a decrease of 64%. Revenue for the twelve months ended
December 31, 2009 was US $10.5 million, down 43% from the US $18.4
million during the same period last year.
Net loss for the fourth quarter of fiscal 2009 was US $0.5
million or ($0.02) per share compared to a net loss of US $4.9
million or ($0.21) per share for the same period last year. Net
loss for the twelve months ended December 31, 2009 was US $5.9
million or ($0.25) per share compared to a net loss of US $9.4
million or ($0.40) per share for the same period last year.
"Fiscal 2009 was a very challenging year," stated QuStream's
Executive Chairman, Howard Sutton. "The Company is working hard to
provide quality products and exceptional service to meet our
customers' needs while focusing on executing its strategic
initiatives to return to growth and profitability".
The Company has filed its audited Annual Financial Statements
and Management's Discussion and Analysis on SEDAR at
www.sedar.com.
Forward-Looking Statements:
The statements made in this press release that are not
historical facts contain forward-looking information that involves
risk and uncertainties. All statements, other than statements of
historical facts, which address QuStream's expectations, should be
considered forward-looking statements. Such statements are based on
management's exercise of business judgment as well as assumptions
made by and information currently available to management. When
used in this document, the words "may", "will", "anticipate",
"believe", "estimate", "expect", "intend" and words of similar
import, are intended to identify any forward-looking statements.
You should not place undue reliance on these forward-looking
statements. These statements reflect our current view of future
events and are subject to certain risks and uncertainties as
contained in the Company's filings with Canadian securities
regulatory authorities, which in relation to this press release
include, but are not limited to, our expected fiscal 2009 organic
revenue growth, our expected future design wins, and our expected
market share across various customers and product segments. Should
one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, our actual results could
differ materially from those anticipated in these forward-looking
statements. We undertake no obligation, and do not intend, to
update, revise or otherwise publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof, or to reflect the occurrence of any unanticipated
events. Although we believe that our expectations are based on
reasonable assumptions, we can give no assurance that our
expectations will materialize.
The TSX Venture Exchange Inc. has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release.
Contacts: QuStream Corporation Howard Sutton Executive Chairman
+1 416-385-2323 x 200 hsutton@qustream.com
Qustream Corporation (TSXV:QVC)
過去 株価チャート
から 8 2024 まで 9 2024
Qustream Corporation (TSXV:QVC)
過去 株価チャート
から 9 2023 まで 9 2024