Service expansion helps boost TeraGo Q2 revenue by 4%

TORONTO – TeraGo’s plan to expand the company’s complementary services has brought positive results in the form of a record $12.8 million in revenue for the second quarter of 2013, an increase of 4% from the $12.3 million reported in Q2 2012. EBITDA for TeraGo in the second quarter was $4.1 million, a 7% increase from the $3.9 million reported in the same quarter a year earlier. That figures does not include costs related to TeraGo’s acquisition of Data Centers Canada in May. Net profit increased 206% year-over-year to $2.1 million or $0.18 per basic share. TeraGo’s net customer locations decreased by...