I love the title of this Reuters release - always negative - but when you look at the the items I've bolded, SVC actually exceeded expectations. Look at the items in bold vs. expectations in bold, and the items underlined in bold, vs. expectations underlined in Bold.
* Q4 loss C
.035/shr vs loss of C
.013/shr yr ago
* Revenue rises 2 pct
Jan 14 (Reuters) - Network equipment maker Sandvine Corp(SVC.TO) posted a wider fourth-quarter loss, hurt by lowergross margins and stock-based compensation expenses.
The company, which helps broadband and telecom operatorsmanage data traffic, posted a net loss of C$4.7 million, or 3.5Canadian cents a share, compared with a loss of C$1.8 million,or 1.3 Canadian cents a share, a year earlier.
Excluding items, Sandvine lost C$1.8 million, or 1.3Canadian cents a share, for the quarter ended Nov. 30.
Revenue rose 2 percent to C$19 million. The company addedeight new customers in the fourth quarter.
Analysts on average were expecting a loss of 3 Canadiancents a share, before special items, on revenue of C$17.6million, according to Thomson Reuters I/B/E/S.
Sandvine's stock based compensation expenses for thequarter rose to C$2.5 million from C$1.3 million, a year ago.
The Waterloo, Ontario-based company's shares, which havegained 21 percent in the last three months, closed at C$1.53Wednesday on the Toronto Stock Exchange.(Reporting by Koustav Samanta in Bangalore; Editing by RatulRay Chaudhuri)