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Vecima Networks Inc.

09:54 AM EST - Vecima Networks Inc. : said its fourth-quarter net income decreased to $3.18 million or $0.14 per share from $4.43 million or $0.19 per share in the prior-year period. Sales for the quarter declined to $20.49 million from $36.36 million in the comparable period. Net income for the year ended June 30, 2009, increased to $13.24 million or $0.58 per share from $11.86 million or $0.51 per share in the year-ago period. Sales for the year were $114.23 million, lower than $120.55 million in the previous year. Vecima Networks Inc. shares T.VCM are trading down $0.21 at $5.80.