09:33 AM EST - Sandvine Inc. : reported a first quarter net loss of $7.0 million or $0.051 per share, compared to profit of $5.9 million or $0.045 per share in the comparable quarter last year. Loss from operations for the quarter was $8.14 million, compared to profit from operations of $5.3 million in the same quarter prior year. The company's quarterly revenues declined 46% to $8.3 million, from $15.4 million in the same quarter previous year. Sandvine Inc.
shares T.SVC are trading unchanged at $1.70.
