2014 Press Releases
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Waterloo, Canada - (January 22, 2014) – Sandvine Corporation, (TSX:SVC) (“Sandvine”) a leading provider of intelligent network policy control solutions for fixed and mobile operators, announced today that it has entered…
Sandvine today reported record revenue of $30.8 million for its fourth quarter of 2013, net income of $5.6 million and non-IFRS income of $5.9 million. All results are reported in U.S. dollars under International Financial Reporting Standards (IFRS), unless otherwise specified.
Sandvine announced it has received follow-on orders for approximately $10 million from a Tier 1 operator in North America. The orders were received in Sandvine’s first quarter of 2014.