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Evertz Technologies Ltd EVTZF


Primary Symbol: T.ET

Evertz Technologies Limited is a Canada-based company. The Company 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 and ultra-high-definition television (HDTV and UHD) and next generation high bandwidth low latency Internet protocol (IP) network environments and by telecommunications and new-media companies. The Company’s products provide signal routing, distribution, monitoring and management of content, as well as the automation and orchestration of more streamlined and agile workflow processes on premise and in the Cloud. The Company also offers a complete end to end solution for scalable, flexible, and dynamically controlled media transport networks for video, audio and data signals.


TSX:ET - Post by User

Post by Betteryear2on Sep 14, 2021 4:10pm
221 Views
Post# 33856403

First Quarter Results for the Quarter Ended July 31, 2021

First Quarter Results for the Quarter Ended July 31, 2021

Burlington, Ontario--(Newsfile Corp. - September 14, 2021) - Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, today reported its results for the first quarter ended July 31, 2021.

First Quarter 2022 Highlights

  • Revenue of $97.2 million, an increase of 72% from the prior year
  • U.S./Canadian revenue up 79% from the prior year
  • International revenue up 60% from the prior year
  • Earnings from operations of $20.3 million, an increase of $19.4 million from the prior year.
  • Net earnings of $14.7 million for the quarter
  • Fully diluted earnings per share of $0.19 for the quarter
https://www.newsfilecorp.com/release/96537/Evertz-Technologies-Reports-First-Quarter-Results-for-the-Quarter-Ended-July-31-2021
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