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BCE Board to nominate Louis Vachon as Chair of the Board in May 2026 following the retirement of Gordon Nixon
Prnewswire· 2025-10-29 11:00
Core Points - Gordon Nixon will step down as Chair of BCE and will not seek re-election at the Annual General Shareholder Meeting on May 7, 2026, after serving for 10 years [1][3] - Louis Vachon is nominated to succeed Nixon as Chair, pending his re-election as a Director by BCE shareholders [2][3] - BCE is recognized as Canada's largest communications company, focusing on advanced fibre and wireless networks, enterprise services, and digital media [4] Leadership Transition - Gordon Nixon has expressed gratitude for his tenure and highlighted the company's growth strategy shared at Investor Day [3] - Mirko Bibic, President and CEO of BCE, praised Nixon's leadership and expressed confidence in Vachon's capabilities as the next Chair [3] Company Overview - BCE is committed to delivering next-generation technology through cloud-based and AI-driven solutions, enhancing customer connectivity and business competitiveness [4]
Invitation to media and analyst briefing for Ericsson Q3 2025 report
Prnewswire· 2025-09-30 06:08
Core Viewpoint - Ericsson is set to release its financial report for Q3 2025 on October 14, 2025, at 7:00 AM CEST, followed by a live video webcast for analysts and investors at 9:00 AM CEST [1][4][3] Financial Report Details - The financial report will be available in PDF format on Ericsson's website after the press release [1][4] - President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report during the webcast [1] Webcast Information - The live video webcast will be accessible for analysts, investors, and journalists, with on-demand viewing available post-event [2][3] - Dial-in information for questions will be provided [2] Company Background - Ericsson has been a pioneer in communication technology for nearly 150 years, providing mobile communication and connectivity solutions for service providers and enterprises [2]
Haivision Announces Results for the Three Months and Nine Months Ended July 31, 2025
Prnewswire· 2025-09-10 21:07
Core Insights - Haivision Systems Inc. reported a 14.2% increase in revenue for Q3 2025, reaching $35.0 million, compared to the same period last year [6][7] - The company experienced a decline in Adjusted EBITDA, which was $3.5 million for Q3 2025, down from $4.1 million in the prior year [8][19] - Haivision's gross margins decreased to 72.0% in Q3 2025 from 75.0% in the same period last year, reflecting challenges in the transition from the integrator model [6][7] Financial Performance - Revenue for the nine months ended July 31, 2025, was $97.5 million, a decrease of $1.9 million from the prior year [7][8] - Total expenses for Q3 2025 were $24.9 million, an increase of $3.1 million compared to the same period last year [6][7] - Operating profit for Q3 2025 was $0.3 million, down from $1.1 million in the prior year [6][8] Adjusted EBITDA and Margins - Adjusted EBITDA for the nine months ended July 31, 2025, was $5.8 million, a decrease of $8.6 million from the prior year [8][19] - The Adjusted EBITDA margin for Q3 2025 was 10.1%, compared to 13.5% in the prior year [8][19] - The decline in Adjusted EBITDA was attributed to a decrease in gross profit and increased expenses in sales, marketing, and research and development [8][19] Recent Developments - Haivision introduced new products, including the Kraken X1 Rugged and Falkon X2, aimed at enhancing video transmission capabilities [6][7] - The company won the ISE Best in Show award for its Command 360 video wall solutions and the IBC Innovation Award for its live video contribution solution over private 5G networks [6][7] - Haivision secured a production agreement worth US$61.2 million (CAD$82 million) with the U.S. Navy for next-generation combat visualization systems [6][7]