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Strong Q409 Financial Results Examined
by John Honovich, IPVM Posted on Feb 04, 2010 About John Contact JohnReversing a year long negative trend, Axis's Q4 2009 financial results were very strong, raising the question, why?
Revenue was up 32% (Q409 compared to Q408). The results were even better in local currency terms - up almost 40% [Note: for most of 2009, currency exchange swings made Axis's financial performance look better than they were. Now, it's the reverse).
Des...
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