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Sandvine Reports Q4 2015 Results

Sandvine Reports Q4 2015 Results

Sandvine Reports Q4 2015 Results:

WATERLOO, ON, Jan. 7, 2016 /CNW/ – Sandvine, (TSX:SVC) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today reported revenue of $35.0 million for its fourth quarter of 2015, which is in line with the Company's estimate published on December 10. Net income for the quarter was $25.2 million, or $0.17 per diluted share, of which $17.6 million, or $0.12 per diluted share, related to the recognition of deferred tax assets. All results are reported in U.S. dollars under International Financial Reporting Standards (IFRS), unless otherwise specified.

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