dave-caputo

Sandvine reports $7 million first quarter loss

Jackson West · 04/11/08 02:20PM

Canadian network equipment manufacturer Sandvine reported a $7 million loss for the quarter ending February 29th, the first "disappointing" quarter in the company's history according to CEO Dave Caputo. The company makes network management equipment such as the deep packet sniffers Comcast was accused of using to throttle file sharing protocols such as BitTorrent. Caputo assured investors that the debate over ISP traffic management and network neutrality is "cooling somewhat." I'm not so sure — I'm expecting the rescheduled public hearings on Comcast's traffic management policies at Stanford next Thursday to be rather charged. Sandvine's stock is trading at a quarter of it's one year high.