earnings
confidence high
sentiment positive
materiality 0.60
Vislink Q1 revenue $7.2M, +75% YoY; gross margin 52% vs 46%
Vislink Technologies, Inc.
- Revenue $7.2M vs $4.1M YoY; gross margin improved to 52% from 46%.
- Net loss $2.8M ($0.06 EPS) vs $2.7M ($0.07 EPS); EBITDA -$1.3M vs -$2.4M.
- Cash $31M at Mar 31, 2022, down from $36.2M at Dec 31, 2021.
- Launched new products AeroLink and Stellar Cam; bookings up 40% in live production.
- CEO sees expanding opportunities and expects to reach profitable growth.