Vecima Networks Inc T.VCM

Alternate Symbol(s): VNWTF

Technology Communication Equipment

Vecima Networks Inc. provides evolution to the multi-gigabit and content-rich networks. The Company delivers software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. Its segments include Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS), and Telematics. VBS segment includes platforms that process data from the cable network and deliver high-speed Internet connectivity to homes over cable and fiber, as well as adapt video services to formats suitable to be consumed on televisions in commercial properties. CDS segment includes solutions and software, under the MediaScale brand, for service providers and content owners. Telematics segment provides fleet managers with the key information and analytics they require to optimally manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands.

TSX:VCM - Post by User

Vecima Networks Inc

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Comment by philip3on Aug 24, 2015 1:48pm

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Post# 24046423

RE:Nice news out today for VCM

Hard to say how good the news is. Though any news is good news :)

I checked the last quarter financials and the sales aren't broken down by product (revenue streams hard to break out.) "Terrace family" of which TC600 and TransQam are part of, earned $9 million last qtr. Most of it was from the same customer. Unless we know the totality of their "wired convergence device" sales it's hard to judge success quarter over quarter.
Next quarter financials due out next month!!

From the last quarterly financials:

Sales of Terrace QAM increased 134% year-over-year to $9.6 million in Q3 2015, from $4.1 million in the same period last year. On a sequential quarterly basis, sales of Terrace QAM increased 16% from $8.3 million in Q2 2015. The growth in sales was driven by very strong demand from Vecima’ lead customer. Overall, deployment volume of Terrace QAM is expected to remain in the range of secondand third quarter levels through the balance of the year. Terrace QAM is purpose designed for thehospitality industry, providing an elegant platform over which cable operators can deliver a leading highdefinition service offering.

Third quarter sales of Terrace family products decreased 7% to $7.5 million from $8.1 million in Q3 2014. On a sequential quarterly basis, Q3 2015 sales increased by 31% from the $5.7 million of sales generated in Q2 2015. While the initial lead multiple system operator (MSOs) customer for the Terrace family of products completed its network conversion to all-digital, some time ago, this customer continues to deploy as it fills in the all-digital network with new commercial service contracts. Vecima is also now supplying other MSO’ in the process of shifting to all-digital and announced a major new customer in January. Deployments to that new customer contributed to the sequential increase in Terrace family sales in the third quarter of 2015.