ViewCast Corp. (VCST) Posts 3rd Straight Quarter of Revenue Growth
ViewCast Corp., a developer of industry-leading solutions for the transformation, management and delivery of digital media over enterprise, broadband and mobile networks, posted its fourth-quarter results for the three months ended December 31, 2010, reporting its third consecutive quarter of solid year-over-year revenue growth. Fourth quarter 2010 revenues increased 44 percent to $5.0 million from $3.4 million in the prior year period. Operating expenses for the quarter were $2.7 million as compared to $2.4 million reported for the fourth quarter of 2009. Operating income increased $196,000 for the fourth quarter 2010 compared to a loss of $(275,000) for the year-earlier…