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Evertz Technologies Limited to Announce Second Quarter 2026 Results on December 10, 2025
Newsfile· 2025-12-02 21:29
Evertz Technologies Limited to Announce Second Quarter 2026 Results on December 10, 2025December 02, 2025 4:29 PM EST | Source: Evertz Technologies LimitedBurlington, Ontario--(Newsfile Corp. - December 2, 2025) - Evertz Technologies Limited (TSX: ET) will release its second quarter 2026 financial results on December 10, 2025 at approximately 4:00 p.m. (EDT).The Company will hold a conference call with financial analysts to discuss the results on December 10, 2025 at 5:00 p.m. (EDT). Media and ...
Evertz Technologies Announces Results of Annual General Meeting
Newsfile· 2025-10-01 20:21
Burlington, Ontario--(Newsfile Corp. - October 1, 2025) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, is pleased to announce the voting results of its 2025 Annual General Meeting of Shareholders held today, in Burlington, Ontario.Election of DirectorsThe seven nominees listed in the management proxy circular of the Company were elected as directors of the Company. The election of directors was conducted by a way of vote by ballet. In accordance w ...
Evertz Technologies Reports First Quarter Results for The Quarter Ended July 31, 2025
Newsfile· 2025-09-10 20:00
Core Viewpoint - Evertz Technologies Limited reported a modest increase in revenue and earnings for the first quarter of fiscal year 2026, driven by growth in the US/Canada region and improved gross margins [1][3][4]. Financial Performance - Revenue for the quarter ended July 31, 2025, was $112.1 million, up from $111.6 million in the same quarter last year, representing a growth of approximately 0.4% [1][3]. - Revenue from the US/Canada region was $79.5 million, an increase of $5.5 million or 7% compared to the prior year [3][4]. - Software and services revenue accounted for $51.6 million, which is 46% of total revenue for the quarter [3]. - Gross margin was $68.8 million, with a gross margin percentage of 61.4%, up from 59.4% in the prior year [4][10]. - Earnings from operations were $15.0 million, reflecting a 19% increase from $12.6 million in the same quarter last year [3][4]. - Net earnings rose to $11.9 million, a 22% increase from $9.7 million in the corresponding period last year [4][5]. Earnings Per Share - Fully diluted earnings per share for the quarter were $0.15, compared to $0.13 in the same quarter last year [5][10]. Operating Expenses - Selling and administrative expenses increased to $18.6 million from $17.6 million in the prior year [5][11]. - Research and development expenses were slightly reduced to $37.0 million from $37.4 million year-over-year [5][11]. Liquidity and Capital Resources - As of July 31, 2025, working capital was $202.6 million, down from $206.9 million on April 30, 2025 [6]. - Cash and cash equivalents increased to $124.3 million from $111.6 million on April 30, 2025 [6][10]. - Cash generated from operations was $33.5 million, up from $22.3 million in the same quarter last year [7]. Investments and Financing Activities - The company used $0.5 million for investing activities, primarily for capital asset acquisitions [8]. - Cash used in financing activities totaled $20.2 million, mainly due to dividends paid of $15.1 million and capital stock repurchase of $3.8 million [8]. Shipments and Backlog - As of the end of August 2025, the purchase order backlog exceeded $252 million, with shipments during August amounting to $41 million [9]. Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.20 per share, payable on or about September 25, 2025 [9].
Evertz Technologies Limited to Announce First Quarter 2026 Results on September 10, 2025
Newsfile· 2025-09-02 17:40
Company Announcement - Evertz Technologies Limited will announce its first quarter 2026 financial results on September 10, 2025 at approximately 5:00 p.m. (EDT) [2] - A conference call with financial analysts will be held on the same day to discuss the results, and interested parties can join in listen-only mode [3] Conference Call Details - The conference call can be accessed by dialing 289-514-5100 or Toll-Free (North America) 1-800-717-1738 [3] - A rebroadcast of the call will be available until October 10, 2025, accessible at 289-819-1325 or Toll-Free 1-888 660-6264, with the pass code for the rebroadcast being 75854 [4] Company Overview - Evertz Technologies Limited designs, manufactures, and markets video and audio infrastructure solutions for the television, telecommunications, and new-media industries [5] - The company's solutions are utilized by content creators, broadcasters, specialty channels, and television service providers to support complex multi-channel digital environments, including high and ultra-high definition television (HDTV and UHD) [5] - Evertz's products enable customers to generate additional revenue while reducing costs through efficient signal routing, distribution, monitoring, and management of content, as well as automation and orchestration of streamlined workflow processes both on-premise and in the cloud [5]