Vislink Reports Third Quarter 2024 Financial and Operational Results
Vislink Technologies, Inc. (VISL)
Company Research
Source: GlobeNewswire
Year-to-Date Revenue Increased 26% Year-Over-Year to $24.4 Million New ERP Implementation Insights lead to Restructuring Initiative Expected to Achieve Over $6 Million in Annualized Cost Savings Beginning in Q4 2024 Mt. Olive, NJ, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, public safety, and defense markets, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results Revenue for the nine months ended September 30, 2024, was $24.4 million, an increase of 26% over the prior year period. Revenue in the third quarter was $7.1 million compared to $7.2 million in the third quarter of 2023.Gross margin was 51% in the third quarter, down from 54% in the prior year period.Net loss was $(3.0) million, or $(1.22) per share in
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News
- Analysts Have Been Trimming Their Vislink Technologies, Inc. (NASDAQ:VISL) Price Target After Its Latest Report [Yahoo! Finance]Yahoo! Finance
- Vislink Reports Third Quarter 2024 Financial and Operational Results [Yahoo! Finance]Yahoo! Finance
- Vislink to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024, at 8:30 a.m. ETGlobeNewswire
- Mather Al-Ali Joins Vislink as Vice President of Sales for Middle East and Africa RegionGlobeNewswire
- Vislink Launches New Brand Identity and Website to Drive Global Growth and Strengthen Market LeadershipGlobeNewswire
VISL
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 9/3/24 - Form D
- VISL's page on the SEC website