earnings
confidence high
sentiment positive
materiality 0.70
Vislink Q2 revenue jumps 85% QoQ to $7.6M; net loss narrows to $834K
Vislink Technologies, Inc.
- Revenue $7.6M (Q2 2021), up 85% from Q1 2021; gross margin improved to 52.8% from 46%.
- Net loss $834K ($0.02/share) vs $2.7M ($0.07) in Q1; EBITDA loss narrowed to $578K from $2.4M.
- Cash $55.5M at June 30; acquired Mobile Viewpoint for $18.3M post-quarter.
- Orders for H1 2021 up >250% YoY; new product sales exceed $6M.