09:45 AM EST - Sandvine Corp. : reported a wider second-quarter net loss of $5.63 million or $0.042 per share compared with $4.63 million or $0.034 per share in the year earlier period. Second-quarter non-GAAP loss, excluding one-time items, also widened to $4.41 million or $0.033 per share from $3.43 million or $0.025 per share last year. However, revenue for the latest quarter was up 37% to $15.2 million from $11.1 million in the comparable period. Sandvine's cash and marketable securities at May 31, 2009 totaled $90.0 million. Sandvine Corp.
shares T.SVC are trading down $0.14 at $1.03.
