Sandvine reports Q4 2012 results

Sandvine, (TSX:SVC.TO ); (AIM:SAND.L ) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today reported $27.5 million in revenue for its fourth quarter of 2012, non-IFRS income of $6.9 million and net income of $6.5 million. During the quarter the Company recorded a one-time, $3.8 million reduction in operating expenses for Ontario government funding related to its ongoing project under the Next Generation of Jobs Fund.

Full year results included revenue of $87.9 million and a non-IFRS loss of $2.7 million (net loss of $5.0 million). All results are reported in U.S. dollars under International Financial Reporting Standards (IFRS), unless otherwise specified.

Sandvine Receives over $6.5 million in expansion orders

Sandvine, (TSX:SVC.TO ) (AIM:SAND.L ) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received more than $6.5 million in follow-on Network Policy Control orders from a Top-5 Asian communications service provider. Sandvine announced initial orders from the customer in May 2012.

"This is a multi-phase project and the deployment has proceeded as expected. We are just beginning the second phase," said Tom Donnelly, COO, Sales and Global Services. "We have been able to demonstrate our ability to measure application usage on a granular basis and provide meaningful streaming video metrics based on device, display characteristics and transport quality. We will now start to expand those capabilities as well as our traffic management solution across additional network locations."

RF Industries Reports Preliminary Unaudited Results for Fiscal 2012 Fourth Quarter and Year End; Q4 Revenues Increased 77% to a Record $10.5 M and Earnings Per Basic Share Increased to $0.17

RF Industries Ltd. (RFIL) announced preliminary unaudited financial results for the fiscal fourth quarter and year ended October 31, 2012.

For the fourth quarter ended October 31, 2012, preliminary unaudited revenues increased $4.5 million, or 77%, to $10.5 million as compared to $6.0 million in the same quarter of fiscal 2011. Preliminary unaudited consolidated net income for the quarter was $1.2 million, or $0.17 per basic and $0.15 per diluted share, compared to consolidated net loss of $50 thousand, or $0.01 net loss per basic and diluted share in the fourth quarter of 2011.

Cogeco Cable Inc. to Acquire PEER 1 Network Enterprises, Inc.

Cogeco Cable Inc. ("Cogeco Cable") (CCA.TO) and PEER 1 Network Enterprises, Inc. ("PEER 1") (PIX.TO)

• Cogeco Cable to Offer $3.85 in cash consideration per share
• Acquisition increases scale and reach of Cogeco Cable''s IT hosting business
• Enhances Cogeco Cable''s data centre capabilities in key strategic growth areas including managed hosting, dedicated hosting, cloud services and co-location
• Positions Cogeco Cable to provide an expanded suite of network and hosting services particularly to small and medium sized businesses
• Addition of world class infrastructure including 19 data centres and 21 points-of-presence throughout North America and Europe

  Published: 21 December 2012

  Written by Editor

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