Sector Update: Info Tech; D-Box Reports Results, Counterpath Launches New Product
Information technology shares were mixed in afternoon trading. The S&P/TSX Info Tech index was up 0.4%.
BlackBerry (BB.TO): -0.2%
Counterpath (CCV.TO): flat
D-Box Technologies (DBO.TO): -1.8%
CGI (GIB-A.TO): +0.4%
Macdonald Dettwiler & Associates (MDA.TO): -1.6%
In corporate news, D-Box Technologies reported Q1 2015 net loss of 1.2 million or $(0.0074) per share, compared to a net loss of $519,000 or ($0.0032) per share. Quarterly revenues were up 30% to $4.56 million, including $1.14 million of recurring revenue from utilization rights, rental and maintenance and $1.87 million in system sales for the entertainment market. D-BOX, which focuses on the entertainment market and the industrial market , anticipates that the upward trend in revenues should be maintained.
On the other hand, Counterpath has launched the Bria Screen Share and Outlook add-ins for the Bria 4.1 Windows desktop client. The new screen share add-in enables one-click screen sharing, while the new Outlook add-in enables users to initiate calls, send messages, access voicemail and monitor presence from directly within an Outlook window.
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