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Bullboard - Stock Discussion Forum Evertz Technologies Ltd EVTZF


Primary Symbol: T.ET

Technology Communication Equipment
Evertz Technologies Limited is a Canada-based company, which designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and high... see more

TSX:ET - Post Discussion

Evertz Technologies Ltd > Record Quarterly Revenue of $135.3 million T.ET
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Post by Betteryear2 on Mar 14, 2024 6:03pm

Record Quarterly Revenue of $135.3 million T.ET

Burlington, Ontario--(Newsfile Corp. - March 14, 2024) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, today reported its results for the third quarter ended January 31, 2024.

Third Quarter 2024 Highlights

  • Record Quarterly revenue of $135.3 million, an increase of 22% or $24.4 million from the prior year
  • International quarterly revenue of $54.8 million, an increase of 38% from the prior year
  • US/Canada quarterly revenue of $80.5 million, an increase of 13% from the prior year
  • Earnings from operations before foreign exchange of $29.2 million for the quarter, an increase of 48% from the prior year
  • Net earnings of $19.0 million for the quarter
  • Fully diluted earnings per share of $0.24 for the quarter
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Evertz Technologies Ltd