Netcomm announced on Tuesday afternoon that it expected to achieve revenue of at least $58 million in the second half of 2011.
This compares with revenue of $22.9 million in the first half of 2009-10. Based on management’s low-range guidance for 2010-11, Netcomm should achieve revenues of $100 million resulting in earnings before interest, tax, depreciation and amortisation of $8 million.