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Technology / AI and automation

COMPANY RESULT: EXCEL COMMUNICATIONS INC

Excel Communications Inc, the Dallas, Texas-based long distance telecommunications company, saw fourth quarter net losses of $17.5m down from profits of $31.1m last time on revenue up 30.3% at $467.1m; net profits for the year to December 31 were down 84.3% at $22.7m on revenue that rose 7.6% to $1.45bn. Net earnings per share fell 43.7% to $0.76 in the year.

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CBR Staff Writer

CBR Online legacy content.