Vislink Q1 revenue $7.2M (+5% YoY), net loss improves to $(0.80)/share

Vislink Technologies, Inc.

2024-Q1 EPS reported -$0.74 vs consensus -$0.61 ▼ miss (-20.9%)

Revenue $7.2M, up 5% YoY; gross margin improved to 54% from 50%.
Net loss $(1.8)M or $(0.80)/share, improved from $(2.8)M ($(1.20)/share) in prior year.
EBITDA improved 26% to $(1.7)M; cash and investments $14.0M.
MilGov segment grew 50% YoY; delivered first six AeroLink units, expects to double in Q2.
Appointed Paul Norridge as CFO; won NAB Product of Year for 5G-Link.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vislink Technologies, Inc. reported the first quarter ended March 31, 2023 results: revenue $7.2 million, net income $(1.8) million, or $(0.80) per share, EPS $(0.80) per share.

Period: the first quarter ended March 31, 2023
Revenue: $7.2 million
Net income: $(1.8) million, or $(0.80) per share
EPS: $(0.80) per share
Result: reported results

Exact text from the filing

create additional revenue streams while also tracking toward a 90/10 hardware vs. software and services split.” First Quarter 2023 Financial Results ● Revenue increased 5% to $7.2 million from $6.9 million in the prior year period. ● Gross margins improved to 54% from 50% in the prior year period. ● Net loss attributable to common shareholders was $(1.8)

View on SEC.gov

Browse all earnings releases →

Vislink Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-016932

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.