Uniserve 2nd Quarter Results for the period ended November 30, 2018
29 January 2019 - 7:42AM
Uniserve Communications Corporation (“Uniserve”) a
provider of IT solutions and services to business and residential
customers in Canada wishes to announce second quarter fiscal 2019
financial results. Q2 and Q2 year to date fiscal 2019 revenues
increased by 51% and 48% respectively as compared to the same
periods in the prior fiscal year. Q2 fiscal 2019 Net loss was
$870K and Q2 year to date fiscal 2019 Net loss was $2,109K, as
compared to Net loss of $855K and Net loss of $1,301K respectively
for the prior year fiscal periods. Certain ongoing cost
cutting measures implemented at the end of Q2 2019 are expected to
result in further savings in the upcoming quarters.
An image accompanying this announcement is available at
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About Uniserve
Uniserve Communications Corporation is a
2018 TSX Venture top 50 performance company.Uniserve is a
unified communications company which has been in business for 30
years, combining voice, data and media services all into one
seamless solution, one bill and one point of contact. The
unique selling proposition of the business is “SMART” People,
Solutions, and Technology with over 13,000 customers spread across
residential and enterprise centered around Vancouver, Calgary and
Kitchener-Waterloo.
Uniserve prides itself on world class customer
service based in Canada. When all else is equal, clients can
trust Uniserve to have a great price, a great experience and to be
a company that customers enjoy working with – we call it “ONE
click, call, connect”.
This news release was prepared on behalf of the
Board of Directors, which accepts full responsibility for its
contents.
Learn more at www.uniserve.com or at
www.sedar.com.
Michael C. Scholz Chairman of
the Board
For more information please call 604-395-3961 or
email corporate.relations@uniserveteam.com.
Neither TSX Venture Exchange nor its Regulations
Services Provider (as the term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. Management has prepared this release and
no regulatory authority has approved or disapproved the information
contained herein. The statements contained in this news release
that are not historical facts are forward looking statements. Such
statements are based on management’s estimates, assumptions and
projections using available information. Uniserve cautions that
actual financial results could differ materially from the current
expectations due to a number of factors.
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