12:02 PM EST - Sandvine Corporation : reported record quarterly revenue of $25.0 million and GAAP net income of $900,000 (non-GAAP(1): $1.7 million) for its fourth quarter of 2010. Fiscal 2010 revenue was $93.8 million, 36% higher than the $68.8 million reported for fiscal 2009. GAAP net income for fiscal 2010 was $5.6 million (non-GAAP(1): $10.1 million), compared to a loss of $19.5 million (non-GAAP(1): $10.5 million loss) in fiscal 2009. Sandvine Corporation
T.SVC
shares T.SVC are trading down $0.39 at $2.43.
