Glentel gets upgraded to “Buy” at Paradigm

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Glentel’s (TSX:GLN) strong performance in Canada is offsetting volatility in Australia, says Paradigm Capital analyst Gabriel Leung. On Wednesday, Glentel reported its Q3, 2014 results. The company earned $5.88-million on sales of $401.4-million, a 19% topline beat of last year’s third quarter. “The third quarter of 2014 results reflect the positive benefits from the company’s […]

Sierra Wireless has the potential to go “way higher”, says Cormark

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After a “blowout” third quarter performance, Cormark analyst Richard Tse is giving a “Buy” rating back to Sierra Wireless (TSX:SW, Nasdaq:SWIR). On Wednesday, Sierra Wireless reported Q3 results in which it lost (US) $2.9-million on revenue of $143.3-million, a topline that was up 27.6% over the same period last year. The company also said it […]

Sierra Wireless hits decade-long high after strong Q3

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Shares of Sierra Wireless (TSX:SW, Nasdaq:SWIR) are higher than they have been since 2004 today after the B.C.-based company reported a strong Q3 and guidance that suggests its fortunes may get even better. In the third quarter, Sierra Wireless lost $2.9-million on revenue of $143.3-million, a topline that was up 27.6% over the same period […]

Redline pilot activity points to continued growth, says Cantor Fitzgerald

Oilfield deployments are a big growth driver for Redline, says Byron Capital analyst Tom Astle.

The volume of new pilot projects for Redline Communications (TSX:RDL) suggests the company will continue to grow its EBITDA and revenue, says Cantor Fitzgerald Canada analyst Justin Kew. On Monday, Redline reported its Q3, 2014 results. The company lost (US) $94,697 on revenue of $9.1-million, 29% better than last year’s third quarter topline. “We’re pleased […]

Redknee rises after several recent orders

Redknee CEO Lucas Skoczkowski

Shares of Redknee (TSX:RKN) are up more than 10% today on the heels of several recent orders. The company Wednesday secured $8-million in order from an unnamed company it described as a “a leading communications service provider (CSP) in the Americas region”. The service agreement, says the company, will allow the CSP to provide next-gen […]

Will LightSpeed Retail soar with Apple Pay?

The combinination of payment processing and point of sale technology will make a tantalizing appetizer for those retailers looking to graduate from legacy systems, and it may act as an entree into Lightspeed's larger platform.

A Montreal-based company that has worked hand in glove with Apple may be set to benefit from the Cupertino-based tech giant’s big mobile payments play. Just a week after Apple debuted its new iPhone 6 with Apple Pay, a mobile payment offering that will use Near Field Communications, LightSpeed today announced it had secured $35-million […]

Buy Sandvine on weakness, say Cormark analyst Tse

Sandvine CEO Dave Caputo.

The revenue warning Sandvine (TSX:SVC) delivered to the market this week might remind some of the company’s struggles in 2011 and 2012 when there were larger structural issues at play, but this shortfall will prove to be minor, says Cormark analyst Richard Tse. Yesterday, Sandvine issued a press release in which CEO Dave Caputo said […]

Redline’s turnaround is complete, says Cantor Fitzgerald Canada

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The acquisition of PureWave Networks is another sign that Redline Communications (TSX:RDL) has completed its turnaround, says Cantor Fitzgerald Canada analyst Blair Abernethy. This morning, Redline announced it had signed a definitive agreement to acquire the assets of PureWave Networks, a privately held wireless technology company based in Santa Clara, California, for $2-million. “Redline currently […]