Brief: Unisync Reports 60% Increase In Q1 2020 Revenue

Unisync

13/02/2020 13:49

Feb 13 (Reuters) - Unisync Corp  UNI.TO :
    * UNISYNC REPORTS 60% INCREASE IN Q1 2020 REVENUES
    * Q1 REVENUE ROSE 60 PERCENT TO C$27.1 MILLION
    * QUARTERLY NET INCOME OF C$0.1 MILLION COMPARED TO A NET
LOSS OF
C$0.9 MILLION
    * NOT EXPECTING ANY MATERIAL EFFECT ON FISCAL 2020
PERFORMANCE
FROM CORONAVIRUS EPIDEMIC
    * SOME SHIPPING DELAYS MAY BE EXPECTED IN 2020
    * $26 MILLION IN FIRM CONTRACTS AND OPTIONS ON HAND AS AT
DECEMBER
31, 2019

Source text for Eikon:  ID:nGNX58MDGM 
Further company coverage:  UNI.TO 

 ((Reuters.Briefs@thomsonreuters.com;))