Public DPI Vendors (ALLT, PKT, SVC) - Q3 2011 Results Comparison

All 3 public DPI companies published Q3 2011 reports. All together, the 3 pure players of standalone DPI devices generated $57.9M from products and services (not all targeting the service providers market) during Q3 and $153.4M during the first 9 months of FY2011.

A short comparison and a stock performance comparison (with the NASDAQ index) chart for Q3 follows:

	Allot Communications	Procera Networks	Sandvine
Symbol	NASDAQ:ALLT	AMEX:PKT	TSX:SVC
Press release link	Here	Here	Here (1)
Q3-11 Revenues	$20.1M	$12.2M	$25.6M
Q3-10 to Q3-11 change	37%	158%	10%
Q2-11 to Q3-11 change	9%	26%	7%
Q3-11 Net Income (GAAP)	$2.1M	$2.0M	$0.5M
Gross margin	71%	61%	76%
Market Cap (2)	$365.6M	$164.3M	$247.5M
Cash	$66.7M	$34.3M	$75.1M
Enterprise Value	$298.9M	$130.0M	$172.4M

 Comments:

1. Sandvine Q3 is August 31 (as of Q1, the company reports in $US)
2. End of day November 4, 2011