Cable / Telecom News

Sandvine sees Q2 profits tumble 32%


WATERLOO, ON – Second quarter profits at Sandvine dropped 32% while revenues dipped 4% for the period ended May 31, 2015.Net income fell to $3.0 million from $4.4 million in the same period last year, while revenue of $28.6 million decreased from $29.7 million year-over-year.Broken down by access technology market, DSL sales accounted for 37% of Sandvine’s Q2 revenue, with wireless at 35%, and cable at 25%.  Revenue by sales channel was reseller 58% and direct 42%, while revenue by geography was Europe, the Middle East and Africa (EMEA) 41%; North America (NA) 32%; Caribbean and Latin America (CALA) 15%...