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 […]

Sandvine tumbles after Q3 revenue warning

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Shares of Sandvine (TSX:SVC) are down today after the company warned its upcoming Q3 revenue would not meet street expectations. The company said it expects its topline will come in at between (U.S.) $27.5-million and $28.0-million. “Our results this quarter highlight the challenges related to the timing of closing larger opportunities,” said CEO Dave Caputo. […]

Sandvine is “best of breed” in network intelligence solutions, says M Partners

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Sandvine (TSX:SVC) could be on the cusp of a huge opportunity in wireless, says M Partners analyst Manish Grigo. In a research report to clients this morning, Grigo initiated coverage of Sandvine with a “Buy” rating and a one-year target of $4.50, implying a return of 38.5% at the time of publication. Grigo says Sandvine’s […]

Wi-LAN’s new focus is improving revenue and margin consistency, says Cantor Fitzgerald

Wi-LAN CEO Jim Skippen.

A better than expected quarter has led Cantor Fitzgerald Canada analyst Blair Abernethy to raise his revenue and earnings expectations for Wi-LAN (TSX:WIN), this year and next. Yesterday, Wi-LAN reported Q2, 2015 results. The company posted adjusted earnings of $16.6-million, or 14 cents a share, on revenue of $25.7-million. CEO Jim Skippen commented on the […]

Shares of Neulion up again after deal with Univision Deportes

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Another contract win, another spike in shares of Neulion (TSX:NLN). After inking recent deals with The Tennis Channel and Rogers, Neulion continued its recent momentum today with the announcement of an agreement with Univision Deportes, a U.S.-based Spanish language channel. Neulion will enable the broadcaster to offer “second screen” functionality, integrating stats, highlights and real […]