Radio & Television

Q3 profits flat, revenues fall $2.5M at Evertz

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...