10:11 AM EST - Sandvine Corp. : on Wednesday reported a loss for the third quarter compared to a profit last year, hurt by a 38% decline in revenues and higher expenses. Net loss for the third quarter was $6.26 million or $0.046 per share compared to a net income of $2.70 million or $0.020 per share last year. Total revenues for the quarter plunged to $13.13 million from $21.18 million in the same period of last year. Sandvine Corp.
shares T.SVC are trading down 7 cents at $0.87.