Sandvine posts loss on tighter margins

Thu Oct 4, 2012 7:28am EDT

Oct 4 (Reuters) - Network equipment maker Sandvine Corp reported a third-quarter loss as margins tightened.

The company lost $900,000, or 0.6 cents per share, in June-August, compared with earnings of $1.7 million, or 1 cent per share, a year earlier.

Revenue fell 16 percent to $21.8 million.

Gross margin fell to $15.2 million from $19.7 million.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article