Highest-materiality recent filing
Vislink FY2024 net loss widens to $20.5M; Q4 revenue plunges to $3.4M
Full-year 2024 revenue $27.7M (up 1% YoY); net loss $(20.5)M vs $(9.1)M in 2023.
Vislink voluntarily delists from Nasdaq, plans OTC trading citing cost savings and inactive market
Notified Nasdaq of voluntary delisting; expects to file Form 25 on/about Feb 10, 2025.
Vislink Q3 revenue $7.1M, net loss widens; restructuring targets $6M annual savings
Q3 revenue $7.1M, flat YoY; net loss $3.0M ($1.22/share) vs $2.0M loss a year ago.
Vislink Q2 revenue jumps 73% to $8.7M; net loss narrows to $(2.3)M
Revenue $8.7M, up 73% YoY from $5.0M; net loss $(2.3)M ($(0.93)/share) improved from $(3.0)M ($(1.27)).
Vislink Q1 revenue up 20% to $8.6M; net loss narrows to $0.9M
Revenue $8.6M (+20% vs $7.2M); gross margin 59% vs 54% a year ago.
Vislink Q4 revenue $8.1M, net loss narrows to $2.4M; MilGov revenue up 75% in FY2023
Q4 revenue $8.1M (up 9% YoY); net loss improved to $(2.4M) from $(5.5M) prior year.
Vislink CFO DeSalvo resigns; Michael Bond appointed CFO effective Jan 19, 2024
Christopher K. DeSalvo resigned as CFO and Operations VP on Jan 15, 2024.
Mr. DeSalvo appointed CFO and Operations VP effective Jan 4, 2024; Paul Norridge transitions to VP of Finance.
Vislink Q3 revenue $7.2M, net loss improves 28% to $2.0M; acquires BMS assets
Revenue $7.2M vs $7.1M YoY; gross margin up to 54% from 49%.
Vislink Q2 revenue $5.0M, net loss $(3.0)M; MilGov segment up 91% YoY
Q2 revenue $5.0M vs $6.8M YoY; net loss $(3.0)M ($(1.27)/share) vs $(2.5)M ($(1.10)/share).
Vislink Q1 revenue $7.2M (+5% YoY), net loss improves to $(0.80)/share
Revenue $7.2M, up 5% YoY; gross margin improved to 54% from 50%.
Received Nasdaq letter on May 15, 2023 confirming compliance with minimum bid price rule.
FY2022 revenue $28.4M (down 16% YoY from $33.9M); net loss $13.6M ($0.29 per share) vs $16.4M loss in 2021.
Vislink shareholders approve reverse stock split; board may set ratio between 1:2 and 1:50
Special meeting on Jan 11, 2023: approved reverse split authorization with ratio range 1-for-2 to 1-for-50.
Received additional 180-day grace period until May 15, 2023 to regain minimum bid price compliance.
Vislink Q3 revenue falls to $7.1M; net loss of $2.7M vs. prior-year profit
Revenue $7.1M, down 37% from $11.2M in Q3 2021; net loss of $2.7M ($0.06/sh) vs. net income of $676,000.
Vislink Q2 2022 revenue down 11% to $6.8M; net loss widens to $2.6M
Revenue $6.8M vs $7.6M YoY; net loss $2.6M ($0.05 loss per share) vs $0.8M loss in Q2 2021.
Vislink receives Nasdaq minimum bid price noncompliance notice; 180-day cure period
Notified by Nasdaq on May 20, 2022 for failing to maintain $1.00 closing bid price for 30 consecutive business days.
Vislink Q1 revenue $7.2M, +75% YoY; gross margin 52% vs 46%
Revenue $7.2M vs $4.1M YoY; gross margin improved to 52% from 46%.
Vislink corrects FY2021 results; deferred tax liability adjustment increases goodwill impairment
Revenue $33.8M for FY2021 vs $22.9M prior year; gross margin 55.2% (vs 39.4%).
Vislink reports FY2021 revenue $33.8M, up 48% YoY; net loss narrows to $15.4M
Revenue $33.8M for FY2021 vs $22.9M in 2020 (+48%); Q4 revenue $11M (+64% YoY).
Vislink Q3 revenue $11.2M (+133% YoY); EBITDA positive $1.04M
Revenue $11.2M, up 133% YoY and 47% sequentially; net income $676k vs loss $2.8M Q3 2020.
Vislink files financials for acquired Mobile Viewpoint; 2020 revenue €5.6M, net income €535K
Mobile Viewpoint's 2020 audited revenue €5.603M, net income €535K, vs 2019 revenue €5.067M and net income €744K.
Vislink Q2 revenue jumps 85% QoQ to $7.6M; net loss narrows to $834K
Revenue $7.6M (Q2 2021), up 85% from Q1 2021; gross margin improved to 52.8% from 46%.
Vislink closes $18.3M acquisition of Mobile Viewpoint for live video, 5G, and AI solutions
Acquired Mobile Viewpoint for €14.8M stock purchase plus €0.7M debt assumption, total ~€15.5M ($18.3M).
On January 15, 2024, Christopher K. DeSalvo resigned as Chief Financial Officer and Operations Vice President of Vislink Technologies, Inc. (the “Company”).
Effective January 19, 2024, Michael C. Bond will immediately assume the duties as Chief Financial Officer of the Company.
On January 4, 2024, Vislink Technologies, Inc. (the “Company”) announced the appointment of Christopher K. DeSalvo, 56, as Chief Financial Officer and Operations Vice President of the Company, effective as of January 4, 2024.
Paul Norridge will be transitioning from his role as Chief Financial Officer of the Company to take on the position of Vice President of Finance until March 31, 2024 where he will transition to an advisor to the Company as needed.
due to General James T. Conway not standing for reelection to the Board at the 2023 Annual Meeting of Stockholders of the Company held on August 23, 2023
the Board appointed Ralph Faison, an independent director, as the new Chairman of the Governance and Nominations Committee of the Board, succeeding General Conway in that position.
General James T. Conway did not stand for reelection as a director at the Meeting when his term expired.
Effective as of the close of business on March 31, 2023, the Company’s board of directors has appointed Paul Norridge as the Company’s new Chief Financial Officer.
On March 27, 2023, the Company announced that it expects to enter into an agreed separation with Michael Bond, the Company’s Chief Financial Officer, that will be effective on or about March 31, 2023.
Max materiality 0.85 · Median 0.60 · Most common event earnings