Vecima Q4 revenues spike 11%, led by SDR sales

VICTORIA - Vecima Network’s software-defined radio solutions helped boost Q4 revenues for the broadband equipment designer and manufacturer to $28.7 million, up 11% compared to Q3. Company executives expect revenue for fiscal 2013 to increase by 10-20% and for gross margin to be in the 35% to 40% range. It credits strong converged wired solutions sales, particularly in its Terrace family, OEM QAM modules and Terrace QAM for the overall growth. It's broadband wireless sales also increased 4% to $2.5 million in Q4. It attributed the increase to software defined radio (SDR) sales that target high growth commercial markets such...