09:57 AM EST - Vecima Networks Inc. : reported financial results for the three months ended June 30, 2012. Vecima's Q4 revenue increased 11% to $28.7 million compared to Q3. Broadband wireless sales increased 4% to $2.5 million in Q4. This growth is attributable to an increase in software defined radio sales. Gross margin improved to 38% in Q4 up from 35% in the prior quarter. Net income in the period was $1.7 million or $0.07 per share. Vecima Networks Inc.
shares T.VCM are trading unchanged at $5.10.
