Evertz Technologies Reports First Quarter Results For The Qu…

(MENAFN- Newsfile Corp) Evertz Technologies Reports First Quarter Results for the Quarter Ended July 31, 2022

Burlington, Ontario–(Newsfile Corp. – September 13, 2022) – Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network (‘SDVN’) technology, today reported its results for the first quarter ended July 31, 2022.

First Quarter 2023 Highlights

  • Revenue of $101.5 million, an increase of 5% from the prior year
  • U.S./Canadian revenue up 21% from the prior year
  • Earnings from operations of $19.3 million
  • Net earnings of $13.9 million for the quarter
  • Fully diluted earnings per share of $0.18 for the quarter

Selected Financial Information
Consolidated Statement of Earnings Data
(in thousands of dollars, except earnings per share and share data)

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