Fibernet verringert Verlust, erhöht Umsatz - 500 Beiträge pro Seite

[FUNDAMENTAL7]

FiberNet Narrows 4Q Loss on Sales Growth
Thursday March 29, 10:56 am ET
FiberNet Telecom Group Increases Revenue and Narrows Loss in Fourth Quarter


NEW YORK (AP) -- Wholesale broadband company FiberNet Telecom Group Inc. said Thursday its loss narrowed in the fourth quarter, driven by increased revenue from transport and colocation services.
For the quarter ended Dec. 31. net loss shrank to $1.3 million, or 18 cents per share, from a loss of $2.2 million, or 42 cents per share, a year ago.

Sales grew 26 percent to $11.2 million, from $8.9 million a year ago.

FiberNet's revenue from transport and colocation services increased 27 percent over the same period in 2005.

Full-year fiscal 2006 net loss also narrowed to $6.9 million, or $1.09 cents per share, from a loss of $13.9 million, or $2.69 cents per share, a year ago.

Fiscal 2006 revenue grew 19 percent to $40.1 million from $33.8 million in the prior year.

FiberNet shares gained 41 cents, or 5.1 percent, at $8.41 in morning trading on the Nasdaq Stock Market. Shares traded between $1.70 and $10.04 during the past 52 weeks.


Im Kurs da ist noch was drin, bin selbst bei 4,22 Dollar eingestiegen denke noch nicht an einem Austieg.
Selbst bei diesen Kursen wäre was zu verdienen, denn in 2-3 Jahren werden wir weit höhere Kurse sehen, wenn natürlich dieses Wachstum fortgesetzt wird. Alles spricht dafür.

Die Verluste kommen aus den Abschreibungen, das Unternehmen arbeitet mit einem positivem operativem cash flow, der vom Quartal zum Quartal ansteigt.

Mein Kursziel(mindest.) 40 Dollar bis 2012.



Fundamental7

[FUNDAMENTAL7]

FiberNet Reports First Quarter 2007 Results
Wednesday May 9, 7:55 am ET

First Quarter of 2007 Revenues Increase 28.9% and EBITDA Increases 104.5% Over Comparable Period in 2006


NEW YORK, May 9 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. (Nasdaq: FTGX - News), a leading provider of complex interconnection services, today announced its results for the first quarter ended March 31, 2007.

Revenues for the first quarter of 2007 increased to $11.6 million, up 28.9% from $9.0 million for the first quarter of 2006 and up 4.0% from $11.2 million for the fourth quarter of 2006.

EBITDA (as defined) for the first quarter of 2007 was $1.8 million, up 104.5% from $0.9 million reported in the first quarter of 2006 and up 4.2% from $1.7 million for the fourth quarter of 2006. The amounts exclude certain non-recurring items discussed below.

FiberNet continued to achieve consistent revenue growth in its core product offerings of transport and colocation services. For the first quarter of 2007, revenues from transport and colocation services (excluding revenues from access management services) grew by 29.5% over the first quarter of 2006 and by 4.2% over the fourth quarter of 2006.

Transport services remained the most significant component of FiberNet's revenues, accounting for 78.3% of the total revenues generated in the first quarter of 2007. On-net transport revenues were 49.2% and off-net transport revenues were 29.1% of the total revenues. Off-net transport revenues continued to be the fastest growing area for the Company, increasing by 94.4% from the first quarter of 2006 and by 10.2% from the fourth quarter of 2006.

Colocation services and access management services represented 20.3% and 1.4% of total revenues generated in the first quarter of 2007, respectively. FiberNet's customer count also increased to 244 as of March 31, 2007, up from 239 at the end of the first quarter of 2006 and up from 243 at the end of the fourth quarter of 2006.

Jon A. DeLuca, President and Chief Executive Officer, stated, "The strong trends that we finished 2006 with continued into the first quarter of this year. We believe that we are well positioned in all core aspects of our business to keep these trends going. "

Cost of services for the first quarter of 2007 was $5.9 million, compared to $4.4 million for the first quarter of 2006 and $5.8 million for the fourth quarter of 2006.

Selling, general and administrative expenses for the first quarter of 2007 were $4.2 million, compared to $3.9 million in the first quarter of 2006 and $3.9 million in the fourth quarter of 2006. Included in selling, general and administrative expenses for the first quarter of 2006 were $0.1 million in non-recurring costs associated with amendment to the Company's former credit facility on March 22, 2006.

In the first quarter of 2007, FiberNet recorded a charge of $1.1 million related to the early extinguishment of its former credit facility on March 21, 2007, in connection with entering into its new $25.0 million credit facility. FiberNet recorded a write-off for the unamortized financing related charges that were associated with former facility which was extinguished.

The net loss applicable to common stockholders for the first quarter of 2007, excluding the loss on early extinguishment of debt, was $(1.3) million, or $(0.17) per share, compared to $(2.3) million, or $(0.42) per share, for the first quarter of 2006. The net loss applicable to common stockholders for the fourth quarter of 2006 was $(1.3) million, or $(0.18) per share. The net loss applicable to common stockholders for the first quarter of 2007, including the loss on early extinguishment of debt, was $(2.4) million, or $(0.33) per share.

Capital expenditures for the first quarter of 2007 were $0.4 million, compared to $0.6 million in the first quarter of 2006 and $1.0 million in the fourth quarter of 2006. Capital expenditures were made primarily for the implementation of customer specific orders and the implementation of network infrastructure to support new initiatives. In 2007, FiberNet expects to invest $3.0 million in general capital expenditures and $1.0 million for the construction of a new colocation facility.

As of March 31, 2007, FiberNet had total assets of $68.5 million and total stockholders' equity of $41.4 million. As of May 9, 2007, the Company had approximately 7.3 million shares of common stock outstanding, or 8.5 million shares of common stock outstanding on a fully-diluted basis, assuming the exercise of all outstanding options and warrants. Of the approximately 1.2 million outstanding options and warrants, 0.5 million are out-of-the-money as of May 9, 2007.

The Company presents the financial metric EBITDA (as defined) because it is utilized in the determination of the majority of the financial covenants in its credit agreement, and the metric is calculated in accordance with its credit agreement. As of March 31, 2007, FiberNet was in full compliance with all of the financial covenants in its credit agreement.

FiberNet Teleconference:

FiberNet will hold a teleconference today, Wednesday, May 9, 2007, at 11:00 a.m. EDT. To participate in the teleconference please call: 800-329- 9097 and enter pass code 12378607, and from outside the U.S. call 617-614-4929 and enter the pass code.

A replay of the teleconference will be available beginning Wednesday, May 9, 2007 at 1:00 p.m. EDT through Wednesday, May 23, 2007. To listen to the replay by phone, call 888-286-8010 and enter pass code 34810124, and from outside the U.S. call 617-801-6888 and enter the pass code.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated colocation facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at www.ftgx.com.

Financial Information and Forward Looking Statements: This partial discussion of the statements of financial condition and operations of the Company should be read in conjunction with the consolidated financial statements and related notes contained in the Company's annual report on Form 10-K for the year ended December 31, 2006 filed with the Securities and Exchange Commission on April 2, 2007.

Investors are cautioned that EBITDA (as defined) is not a financial measure under generally accepted accounting principles. EBITDA (as defined) is defined as net loss before income taxes, net interest expense, depreciation and amortization, stock related expense and other non-cash or non-recurring charges. The Company does not, nor does it suggest investors should, consider such a non-GAAP financial measure in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. EBITDA (as defined) should not be construed as an alternative to operating income or cash flows from operating activities, both of which are determined in accordance with GAAP, or as a measure of liquidity. Because it is not calculated under GAAP, FiberNet's EBITDA (as defined) may not be comparable to similarly titled measures used by other companies. EBITDA (as defined) is commonly used in the communications industry and by financial analysts, and others who follow the industry, as a measure of operating performance. The Company believes that it is appropriate to present this financial measure because certain of the financial covenants in the Company's credit agreement are based upon it.

Various remarks about the Company's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and the Company disclaims any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 2, 2007.