Looks like a good quarter I'm only looking at the "headlines" in the press release, haven't seen the financials yet, but Covage results are encouraging, "Covage NGN Services revenue of $11.9 million grew 23% from $9.6 million in Q1 2012. Growing revenue and stable operating costs resulted in EBITDA of $3.4 million up 118% from $1.5 million in Q1 2012".
Nice to see some good news out of France, since that is where most of the CAPEX is being spent. Maybe Covage has turned a quarter there and will start to see some return on investment.
OpenNet was outstanding (as usual).
Definitely need to see more details, haven't seen any financial reports posted on the website yet. But it does look like a good (if not great) quarter.