OBJ staff

Mitel exceeds earnings guidance in solid Q2

Techopia

Despite its failure to acquire California-based Polycom, Mitel Networks reported another strong quarter on Thursday thanks to the continuing growth of its cloud-based business and

Kinaxis credits strong customer growth for Q2 revenue boost

Techopia

A spate of new contracts continues to drive revenue growth at Ottawa supply chain management software provider Kinaxis, the company said this week. Kinaxis (TSE:

Espial reports higher losses and lower revenue

Techopia

Ottawa-based Espial is reporting higher losses and lower revenue during its second quarter of 2016 compared with the same period last year. The digital TV

DragonWave to raise $US6 million in new IPO

Ottawa

Ottawa-based DragonWave says it plans to raise US$6 million through a new public offering in the United States. The offering will see DragonWave (TSX:DWI)(NASDAQ:DRWI) issue

Residential property market heating up, brokerage says

Residential

Ottawa’s residential property market grew during the first half of 2016, according to a local real estate brokerage. A total of 6,836 resale houses were

Apple hires QNX founder to work on car project: report

Techopia

Apple has hired the founder of Kanata-based QNX Software Systems in an effort to step up development of self-driving car technology, media reports say. Bloomberg

Clearford Q2 revenues up, losses down slightly

Techopia

Ottawa-based Clearford Water Systems (TSXV: CLI) saw a big increase in revenue during its second quarter of 2016, but that didn’t have much effect on

Ackroo still losing money despite higher revenue

Techopia

Ottawa-based Ackroo is reporting higher revenue, but the company continues to lose money, it said Friday. Ackroo, which runs a web-based loyalty platform for retailers,

WiLAN sees revenue cut in half during second quarter

Ottawa

Ottawa-based WiLAN saw its revenue drop by more than more half during its second quarter of 2016 compared with the same period the year before.

Revenue rises for Telesat Holdings

Techopia

An increase in the value of the United States dollar has pushed revenue up for Ottawa-based Telesat Holdings, according to quarterly results released on Tuesday.