Stocks to WatchCurrent targets are all in the $4.50 range. We'll see what kind of analyst reaction (and adjusted targets) we get with this news. GLTA
| Wednesday's small-cap stocks to watch
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Gillian Livingston
Wednesday, September 09, 2015
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
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Waterloo, Ont.-based Sandvine (SVC-T), a provider of network policy control software for fixed and mobile operators, said it expects revenue for its third quarter to be about $27-million (U.S.). Analyst estimates expected the company's revenue to come in at about $32.57-million.
"We continue to rely on large deals to fuel revenue growth but many of those deals are taking longer than expected to close. We still have visibility to a number of large opportunities and believe we are in a growth business, but unfortunately that growth may not be linear quarter to quarter or year to year," said Dave Caputo, Sandvine's president and CEO. "The variability in order cadence is a challenging aspect of participating in our market but one that is familiar to this team. We are confident that our strategy is focused on the best opportunities in our space and remain enthusiastic about Sandvine's long term prospects."