Vecima calls Q2 growth "significant"

VICTORIA – Despite comments from its CEO saying the company is “not immune to worsening macroeconomic conditions,” manufacturer and cable operator Vecima marked increases in revenue, sales and gross margin for its second quarter, ending December 31, 2008. Total revenue for the quarter was $36.9 million, an increase of 34% over sales in the second quarter of the previous fiscal year, while total sales increased by 37%, to $73.6 million, up from $53.8 million for the six months ended December 31, 2007. Sales in the converged wired solutions market increased 33%, to $26.9 million for the quarter, and 47% to $56.2...