Vecima Networks Inc. (VCM.TO) revealed a profit for its first quarter that increased from the same period last year
The company's bottom line totaled C$2.15 million, or C$0.09 per share. This compares with C$1.75 million, or C$0.07 per share, in last year's first quarter.
Excluding items, Vecima Networks Inc. reported adjusted earnings of C$0.10 per share for the period.
The company's revenue for the quarter rose 33.2% to C$81.91 million from C$61.48 million last year.
Vecima Networks Inc. earnings at a glance (GAAP) :
-Earnings (Q1): C$2.15 Mln. vs. C$1.75 Mln. last year.
-EPS (Q1): C$0.09 vs. C$0.07 last year.
-Revenue (Q1): C$81.91 Mln vs. C$61.48 Mln last year.
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