Vislink Q3 revenue $7.2M, net loss improves 28% to $2.0M; acquires BMS assets

Vislink Technologies, Inc.

2023-Q3 EPS reported -$2.84 vs consensus -$0.82 ▼ miss (-248.0%)

Revenue $7.2M vs $7.1M YoY; gross margin up to 54% from 49%.
Net loss $(2.0)M ($0.83/share) vs $(2.7)M ($1.16) YoY; EBITDA loss $(1.4)M vs $(4.7)M.
Acquired assets of Broadcast Microwave Services, expanding AVDS market leading position.
Secured $1.8M agreement with ASPIRE for Autonomous Race Series; recurring revenue.
Core MilGov segment revenue up 34% in first nine months to $3.5M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Vislink Technologies, Inc. reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, Vislink Technologies, Inc. (the “Company” or “Vislink”) issued a press release, a copy of which is furnished herewith as Exhibit 99.1, announcing the Company’s financial results for the quarter ended September 30, 2023 (the “Press Release”).

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Vislink Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-039913

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