ITXC reported revenues of $97.9 million for Q4 2003, an increase of 31% from the same quarter of 2002 and a sequential increase of 31% from Q3 2003. The company’s net loss for the fourth quarter of 2003 was $11.1 million.
Minutes of traffic for 2003 were approximately 4.1 billion versus approximately 3.1 billion minutes for 2002.
The company’s pending merger with Teleglobe recently received notice of early termination of the Hart-Scott-Rodino review period. http://www.itxc.com
