Bullboard - Stock Discussion Forum Evertz Technologies Ltd T.ET

Alternate Symbol(s): EVTZF

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... see more

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Evertz Technologies Ltd > First Quarter Results for the Quarter Ended July 31, 2021

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Post by Betteryear2 on Sep 14, 2021 4:10pm

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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