Sandvine hits $4.00 for the first time since 2007

Staff of Waterloo's Sandvine in 2013.

In 2007, Waterloo’s Sandvine (TSX:SVC) was still a bright light of the Canadian tech scene. But a worldwide economic crisis, failed AIM listing and lacklustre Canadian tech sector would, by 2012, send the company’s shares dangerously near penny stock status. Today, however, Sandvine is regaining some of its lost swagger. Shares of the company hit [...]

Espial Group spikes after posting Q1 profit

Espial Group CEO Jason Dolvaine.

Shares of Espial (TSX:ESP) are racing today after the company released its Q1, 2014 results. The company earned $1.02-million on revenue of $5-million, double the topline from the same period last year, and a reversal of last year’s Q1 loss of $2.4-million. CEO Jaison Dolvane characterized the quarter. “We had a strong start to fiscal [...]

Vancouver’s Eventbase Powers Tribeca Film Festival iBeacon App

iBeacon has mainly been gaining traction in a retail context. But Vancouver’s Eventbase has been showcasing its utility for events.

The Tribeca Film Festival, which runs from April 16th to the 27th, has integrated its iOS app with iBeacon, Apple’s trademarked name for its next-gen Bluetooth offering. The beacons will be scattered around various festival sites, offering attendees a location-based degree of interactivity that had only recently been featured during the SXSW festival in Austin. [...]

Solium Capital pullback is a buying opportunity, says Pardeep Sangha

PI analyst Pardeep Sangha says Solium Capital CEO Mike Broadfoot's plan to sell up to 2.1-million shares is partly to blame for the stock's recent pullback.

The pullback in price of Solium Capital (TSX:SUM) is a buying opportunity, says PI analyst Pardeep Sangha. Noting that Solium has declined by 15% since his last published research on March 20th, Sangha today upgraded his rating on the stock from “Neutral” to “Buy”, while maintaining his $8.25 one-year target. Sangha says recent general weakness [...]

PayrollHero Inks Deal With Krispy Kreme Philippines

Krispy Kreme will be implementing PayrollHero oftware in its more than 40 locations throughout the Philippines.

PayrollHero, a B.C. and Manila-based company whose tagline is “Optimizing work productivity with Happiness”, has announced that Krispy Kreme Philippines will be implementing its Human Resource Information System (HRIS), to keep track of employee attendance, scheduling, analytics and payroll. Krispy Kreme will be implementing the software in its more than 40 locations throughout the Philippines. [...]

Sandvine soars on record first quarter

Celebrate good times. Shares of Sandvine (TSX:SVC) are up sharply today after the company reported record first quarter earnings.

Shares of Sandvine (TSX:SVC) are up sharply today after the company reported record first quarter earnings of $7.5-million on revenue of $31.5-million. The topline was a 26% improvement over last year’s Q1. CEO Dave Caputo said continued investment in innovation was the key to the company’s success. “We are pleased to have had a good [...]

Former AOL Boss Steve Case Invests In Vancouver’s Mojio

Mojio’s Jay Giraud: "“The car really is the ultimate wearable device.“Yet it’s the last computer to still be disconnected from the Internet.”

Last Wednesday, 10 companies in search of venture capital stood in front of a small audience at the inaugural Google for Entrepreneurs demo day, trying to impress three judges into awarding them the trophy for top pitch. The competing pitches were drawn from Google’s Tech Hub network, composed of seven cities scattered around the United [...]

Halifax Software Firm May Write Next Chapter in Military Training Tech

modest tree

A 1979 book called “America’s First Battles: 1776-1965”, written by U.S. Army Major General William Stofft, holds such a central place in the ethos of the American military that it was recently cited by Lt. Gen. Joseph E. Martz during an Institute of Land Warfare breakfast a couple weeks ago in Washington. “No one has [...]

There’s still big upside in Solium Capital, says M Partners analyst Kraft

solium

The rise of Solium Capital (TSX:SUM) was one of the real Canadian tech success stories of 2014, but M Partners analyst Steven Kraft says there is still a lot of upside in the stock this year. In a research report to clients recently, Kraft reinstated M Partners coverage of Solium with a BUY recommendation and [...]

Avigilon gets new $40 target from PI analyst Sangha

Sangha says Avigilon deserves a premium valuation given the Company’s strong growth profile. He expects the company's topline will grow 50% in fiscal 2014 and 35% the following year.

Avigilon’s (TSX:AVO) run is nearly unprecedented in the recent history of Canadian tech, but PI analyst Pardeep Sangha says there is still upside. Yesterday, Avigilon reported its fourth quarter and fiscal 2013 results. The company earned $21.6-million on revenue of $178.3-million, a topline that was up 78% over the same period last year. CEO Alexander [...]