Sandvine announced today Q4 (Nov. 30) and FY2010 results - ".. quarterly revenue of $25.0 million and GAAP net income of $0.9 million (non-GAAP1: $1.7 million) for its fourth quarter of 2010. Fiscal 2010 revenue was $93.8 million, 36% higher than the $68.8 million reported for fiscal 2009. GAAP net income for fiscal 2010 was $5.6 million (non-GAAP1: $10.1 million), compared to a loss of $19.5 million (non-GAAP1: $10.5 million loss) in fiscal 2009".
See "Sandvine Reports Q4 and Fiscal Year 2010 Results" - here.
Mitsubishi, Sandvine reseller in Japan did nicely on Q4 - 28.8% of all revenues, in multiple projects. See the table from the company's MD&A report (here):
As sales growth offsets net foreign exchange loss, as AbbVie Inc. gets approvals for Viekira Pak.
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