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Short Take: Premiere reports record quarter

Premiere Technologies, a provider of network-based computer telephony, announced record revenues and net income for its fourth quarter ended December 31. Premiere's revenues were $17.2 million, compared to $7.9 million for the same quarter a year ago. Net income was $2.7 million, or 10 cents per share, compared to $937,000, or 5 cents per share, a year ago.

Premiere Technologies, a provider of network-based computer telephony, announced record revenues and net income for its fourth quarter ended December 31. Premiere's revenues were $17.2 million, compared to $7.9 million for the same quarter a year ago. Net income was $2.7 million, or 10 cents per share, compared to $937,000, or 5 cents per share, a year ago.