Evertz sees Q1 revenues grow 3%; receives $13.5M order from U.S. client

BURLINGTON, ON - Evertz Technologies posted revenues of $87.0 million for its first quarter ended July 31, 2016, up 3% from the $84.9 million it posted in the first quarter of fiscal 2016.Quarterly net earnings of $18.6 million were flat year-over-year. Gross margin was $49.9 million as compared to $47.8 million in the same quarter last year, and gross margin percentage was approximately 57.3% versus 56.4% in the quarter ended July 31, 2015.The software defined video network technology company reported revenues in the United States/Canada region of $52.1 million, up 4% from $50.0 million in the same quarter last year. The International region...