Healthy Q2 report from Sandvine
Posted Jul 7, 2011 03:36:47 PM.
This article is more than 5 years old.
Waterloo-based high-tech company Sandvine is in today with a healthy second quarter financial report.
The firm, which provides intelligent network policy control solutions, reports revenue totalled $24-million – up 25% from the same period last year.
Sandvine also reports year-to-date revenue was $43.2 million.
That’s up 2% to from the second quarter of 2010.
Sandvine President and CEO Dave Caputo says the company has built its base over the last two and a half years and “those efforts are paying off with new wins and several significant follow-on orders.”
More than half of Sandvine’s total second quarter revenues came from outside North America.
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