Vislink Q2 2022 revenue down 11% to $6.8M; net loss widens to $2.6M

Vislink Technologies, Inc.

2023-Q2 EPS reported -$2.30 revenue$13,910,000

Revenue $6.8M vs $7.6M YoY; net loss $2.6M ($0.05 loss per share) vs $0.8M loss in Q2 2021.
Gross margin 53% vs 52% YoY; EBITDA negative $2.1M vs negative $0.6M.
H1 2022 revenue $13.9M up from $11.6M in H1 2021.
CEO cites delayed government projects and supply-chain shortages; undertaking operational transformation to cut costs.
Quoting activity improving; optimistic for rest of fiscal 2022.

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