Cable & Telecom

Q1 profits up 54% at Evertz

BURLINGTON, ON - Evertz Technologies reported “record” quarterly revenue of $98.0 million for its first  quarter ended July 31, 2014, a 54% jump from the $63.9 million it posted in the first quarter of 2013.Quarterly net earnings increased to $19.7 million over $11.8 million year-over-year.  Gross margin was $55.8 million compared to $36.7 million in the same quarter last year, and gross margin percentage was approximately 57% versus 57.5% in the quarter ended July 31, 2013.The broadcast gear manufacturer posted revenues in the United States/Canada region of $55.5 million, a 55% increase from $33.8 million in the same quarter last year.  The International...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.