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Grey Island Systems International Inc.

11:12 AM EST - Grey Island Systems International Inc. : on Thursday reported fourth quarter revenue of $5.0 million, up 60.5 percent from $3.1 million in the prior year quarter. For the full year, the company's net loss was $500 thousand or $0.006 per share, compared to a loss of $298 thousand or $0.005 per share in the last year same period. Revenue for the period was $16.7 million, up 41% from $11.8 million in the earlier year period. Grey Island Systems International Inc. shares V.GIS are trading up 2 cents at $0.33.