Cable / Telecom News

Evertz wraps up fiscal 2015 with a 12% revenue lift

BURLINGTON, ON - Evertz Technologies ended its fiscal 2015 on a high note, posting a “record” annual revenue of $363.6 million, a 12% increase from $325.5 million at the end of fiscal 2014.Net earnings of $66.4 million for the year also increased from the $63.5 million recorded in the previous year.  Gross margin for the year ended April 30, 2015 was $206.1 million as compared to $186.2 million, while gross margin percentage was approximately 56.7% versus 57.2% year-over-year.Revenues in the United States/Canada region were $204.5 million, up from $172.3 million in the prior year, while the International region had revenues of...