Uniserve Communications quietly released its financial results for fiscal 2010 yesterday. The New Westminster, B.C.-based company's 2010 fiscal year ended all the way back on May 31, 2010.
The voice and data service provider generated $14.9 million in revenue in 2010, down 20.3 per cent from $18.6 million in 2009. A significant chunk of the decline in sales is due to the company's 2008 divestiture of Parasun Technologies, which accounted for nearly $3.5 million in sales in fiscal 2009. Net earnings for fiscal 2010 came in at $1.3 million, up significantly from Uniserve's $91 thousand overall loss in fiscal 2009.
Uniserve did not offer up any formal commentary on the company's performance in fiscal 2010, however complete details on Uniserve's 2010 fiscal year can be found in its audited financial statements.