Brief: Terago Reports Fourth Quarter And Year End 2018 Results

TeraGo

21/02/2019 22:51

Feb 21 (Reuters) - Terago Inc  TGO.TO :
    * TERAGO REPORTS FOURTH QUARTER AND YEAR END 2018 RESULTS
    * Q4 REVENUE FELL 5 PERCENT TO C$12.9 MILLION
    * QTRLY DILUTED LOSS PER SHARE $0.13
    * CLOUD AND COLOCATION BACKLOG MRR WAS $31,742 AS AT
DECEMBER 31,
2018 COMPARED TO $291,698 AS AT DECEMBER 31, 2017
    * FOR THREE MONTHS ENDED DECEMBER 31, 2018, CLOUD AND
COLOCATION
CHURN WAS 1.3% COMPARED TO 1.4% FOR SAME PERIOD IN 2017
    * FOR THREE MONTHS ENDED DECEMBER 31, 2018, CONNECTIVITY
CHURN WAS
1.4% COMPARED TO 1.6% FOR SAME PERIOD IN 2017
    * FOR THREE MONTHS ENDED DECEMBER 31, 2018 CLOUD AND
COLOCATION
ARPU WAS $3,138 COMPARED TO $3,027 FOR SAME PERIOD IN 2017
    * FOR THREE MONTHS ENDED DECEMBER 31, 2018 CONNECTIVITY ARPU
WAS
$1,054 COMPARED TO $996 FOR SAME PERIOD IN 2017

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