UNIQUE BROADBAND SYSTEMS, INC. REPORTS SECOND QUARTER OF FISCAL 2016 RESULTS
TORONTO, CANADA (April 21, 2016) – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (NEX: UBS.H) today reported its financial results for the three and six months ended February 29, 2016.
UBS recorded a loss before comprehensive loss of $164,000 or $0.002 per share, basic and diluted, for the three months ended February 29, 2016, compared to income before comprehensive income of $232,000 or $0.002 per share, basic and diluted, for the three months ended February 28, 2015.
For further information on the financial results of UBS, please review the Company’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis of financial condition and results of operations for the three and six months ended February 29, 2016 and February 28, 2015, available on www.sedar.com.
About Unique Broadband Systems, Inc.
UBS’ shares are listed on the NEX under the symbol “UBS.H”. More information on UBS can be found at www.sedar.com.
The corporate information contained in this release includes forward-looking statements regarding future events and the future performance of UBS that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by UBS at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information provided herein and the variations may be material. Consequently, there is no representation by UBS that actual results achieved will be the same in whole or in part as those forecast.
Neither the NEX nor its Regulation Services Provider (as that term is defined in the policies of the NEX) accepts responsibility for the adequacy or accuracy of this release.
For additional information, please contact:
Daniel S. Marks
Interim Chief Executive Officer