Sandvine reports record revenue in first quarter

A Waterloo tech company is reporting record revenue.

In its first quarter results Sandvine says its revenue was $21.9-million for the three months ending March 31st.

That adds up to a net income of $600,000 for the first quarter of 2010.

The company credits stratgic investments for the record revenue and says it is pleased to see the return to profitability.

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