10:58 AM EST - Sandvine Corp. : announced first quarter net income of $5.9 million or $0.045 per share, compared to a net loss of $0.2 million or $0.002 per share in the same quarter last year. Quarterly revenues rose 121% to $15.4 million, from $6.9 million in the comparable quarter previous year. Analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.00 per share on revenues of $10.10 million. Sandvine Corp.
shares T.SVC are trading up 33 cents at $4.11.
