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Unique Broadband Systems, Inc.

09:47 AM EST - Unique Broadband Systems, Inc. : reported net income for the fiscal year 2009 of $20.74 million or $0.20 per share, compared to a loss of $7.49 million or $0.07 per share in the same quarter a year-ago. Income from continuing operations for the year was $16.51 million or $0.16 per share, in comparison with a loss of $9.09 million or $0.09 per share in the previous-year quarter. Service and sales revenue for the year was $12.52 million, down from $16.88 million in the prior-year quarter. Unique Broadband Systems, Inc. shares V.UBS are trading down $0.01 at $0.10.