10:12 AM EST - Sandvine Corp. : reported second-quarter net income stood at $1.96 million compared with a loss of $5.63 million in the prior-year period. Earnings per share for the latest quarter were $0.014 versus a loss of $0.042 in the year earlier quarter. Non-GAAP income for the period was $3.7 million or $0.026 per share, as against a loss of $4.41 million or $0.033 per share last year. Revenue for the second quarter of 2010 increased to $22.4 million from $15.21 million in the comparable period. Sandvine Corp.
shares T.SVC are trading down $0.12 at $1.91.
