Q3 revenues, profits hit double digits at Evertz

BURLINGTON, ON - Evertz Technologies posted revenues of $99.8 million for its third quarter ended January 31, 2016, up 10% from the $90.7 million it posted in the third quarter of fiscal 2015.Quarterly net earnings of $24.4 million grew 15% from $21.2 million year-over-year. Gross margin was $57.0 million compared to $51.0 million last year, and gross margin percentage was approximately 57.1 % versus 56.2 % in the quarter ended January 31, 2015.The software defined video network technology company reported revenues in the United States/Canada region of $53.6 million, up from $53.6 million in the same quarter last year. The International region saw...