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Axesstel Reports Fourth Quarter and Full Year 2012 Results (Axesstel Inc)
Feb 28th 2013, 12:57

(Source: Axesstel Inc) - Grows full year revenue to $59.7 million; up 10% compared to 2011 - - Achieves record gross margin of 26% for the year - - Posts record annual net income of $4.3 million and EPS of $0.16 - - Records sixth consecutive quarter of profitability - SAN DIEGO, Feb. 28, 2013 (GLOBE NEWSWIRE) -- Axesstel (OTCQB:AXST), a leading provider of wireless voice, broadband access and connected home solutions to the worldwide telecommunications market, reported results for its fourth quarter and year ended December 31, 2012. For the year ended December 31, 2012, Axesstel reported revenue of $59.7 million and net income of $4.3 million, or $0.16 per diluted share. This compares to...

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