(Corrects Reuters Estimates to C$13.3 mln from C$16.1 mln in paragraph 5)
* Q2 EPS C$0.17 vs C$0.05 last year
* Revenue up 36 pct
* Raises FY revenue, earnings outlook
July 30 (Reuters) - Canada’s Bridgewater Systems Corp BWC.TO posted higher quarterly profit, driven in part by new orders for its WideSpan system, and raised its full-year revenue and earnings forecast.
The company, which provides mobile personalization services to telecom operators, said second-quarter results were also helped by “momentum in the WiMAX market and continued strength in our core markets.”
For the second quarter, Bridgewater earned C$4.1 million ($3.8 million), or 17 Canadian cents a share, compared with C$1.3 million, or 5 Canadian cents a share, in the year-ago period.
Quarterly revenue rose 36 percent to C$16.1 million.
Analysts on average were expecting earnings of 7 Canadian cents a share, on revenue of C$13.3 million for the quarter, according to Reuters Estimates.
Bridgewater now expects full-year earnings between C$8 million and C$10 million, on revenue of C$58 million to C$62 million.
The company’s prior expectations were earnings between C$7 million and C$9 million, on revenue of C$54 million to C$58 million.
Shares of the Ottawa-based company were up closed at C$6.10 Wednesday on the Toronto Stock Exchange. ($1=1.087 Canadian Dollar) (Reporting by Isheeta Sanghi in Bangalore; Editing by Ratul Ray Chaudhuri)