Redknee Solutions Q4 Profit Up

Redknee Solutions, Inc. (RKN.TO: Quote) Wednesday reported a fourth-quarter profit of $1.9 million or $0.03 per share, up from $663.1 million or $0.01 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $14.54 million from $14.52 million last year. Analysts expected revenues of $15.71 million.

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by RTT Staff Writer

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