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Vecima Networks Inc.

10:16 AM EST - Vecima Networks Inc. : Reported financial results for the three-month period ended June 30, 2019. Vecima achieved revenues of $85.0 million in fiscal 2019, a 9% increase over last year as a result of its acquisition of the Content Delivery and Storage business. The company reported a net loss of $3 million, compared to net income of $700,000 in the prior-year quarter. Per share the loss was 13 cents, compared to a gain of three cents in the prior-year quarter. Vecima Networks Inc. shares T.VCM are trading up $0.20 at $8.50.