Local tech company reports jump in revenue
Posted Jan 14, 2010 08:45:45 AM.
This article is more than 5 years old.
A Waterloo high tech company is reporting a 19 per cent increase in revenue.
Sandvine says its fourth quarter revenue was 19-million dollars, that’s up from 16-million in the third quarter.
The company credits record revenue from the DSL market and another good quarter in the wireless market for the increase.
Sandvine’s revenue in this fiscal year is approaching 69-million dollars, up 35 per cent from fiscal 2008.
