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]

Core Insights - Haivision Systems Inc. plans to announce its financial results for the third quarter ended July 31, 2025, after market close on September 10, 2025 [1] - A conference call to discuss the fiscal results will take place at 8:30 a.m. ET on September 11, 2025 [1] Company Overview - Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions [4] - The company offers high-quality, low-latency, secure, and reliable live video services on a global scale [4] - Haivision has open-sourced its SRT low latency video streaming protocol and founded the SRT Alliance to promote its adoption [4] - The company was awarded an Emmy® for Technology and Engineering by the National Academy of Television Arts and Sciences [4] - Founded in 2004, Haivision is headquartered in Montreal and Chicago, with offices and support across the Americas, Europe, and Asia [4]

Core Insights - Haivision Systems Inc. plans to announce its financial results for the third quarter ended July 31, 2025, after market close on September 11, 2025 [1] - A conference call to discuss the fiscal 2025 results will take place at 8:30 a.m. ET on September 12, 2025 [1] Company Overview - Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions [4] - The company offers high-quality, low-latency, secure, and reliable live video services on a global scale [4] - Haivision has open-sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to promote its adoption [4] - The company was founded in 2004 and is headquartered in Montreal and Chicago, with offices across the Americas, Europe, and Asia [4]