Vislink Q1 revenue up 20% to $8.6M; net loss narrows to $0.9M

Vislink Technologies, Inc.

2024-Q1 EPS reported -$0.39 vs consensus -$0.61 ▲ beat (+36.3%)

Revenue $8.6M (+20% vs $7.2M); gross margin 59% vs 54% a year ago.
Net loss improved to $0.9M ($0.39/sh) from $1.8M ($0.80/sh) in Q1 2023.
MilGov sales surged; service/software revenue grew to 16% of total.
Cash and short-term investments $13.8M; working capital $31.2M.

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, 2024 results: revenue $8.6 million, net income $(0.9) million, or $(0.39) per share, EPS $(0.39) per share.

Period: the first quarter ended March 31, 2024
Revenue: $8.6 million
Net income: $(0.9) million, or $(0.39) per share
EPS: $(0.39) per share
Result: reported results

Exact text from the filing

date stated herein. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Vislink Reports First Quarter 2024 Financial and Operational Results Total Revenue Increased 20% to $8.6 Million Driven by Surge in Sales to MilGov Customers New Product Sales and Enhanced Operating Efficiency Fuel Significant Profitability Improvements Mt. Olive, NJ — May 15, 2024 —

View on SEC.gov

1047 earnings releases filed in the last 30 days. Browse all earnings releases →

Vislink Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-019524

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.