BURLINGTON, ON – Evertz Technologies posted revenues of $90.7 million for its third quarter ended January 31, 2015, down from the $93.2 million it posted in the third quarter of fiscal 2014.
Quarterly net earnings of $21.2 million were virtually unchanged from $21.3 million year-over-year. Gross margin was $51.0 million compared to $53.7 million last year, and gross margin percentage was approximately 56.2% versus 57.7% in the quarter ended January 31, 2014.
The broadcast gear manufacturer reported revenues in the United States/Canada region of $53.6 million compared to $55.0 million in the same quarter last year. The International region saw revenues dip to $37.2 million from $38.2 million year-over-year.
At the end of February 2015, purchase order backlog was in excess of $65 million and shipments during February were $19 million.
The Evertz Board of Directors declared a regular quarterly dividend on March 4, 2015 of $0.18 per share.
