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Burlington, Ontario–(Newsfile Corp. – December 6, 2022) – Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network (“SDVN”) technology, today reported its results for the second quarter ended October 31, 2022.
Second Quarter 2023 Highlights
- Quarterly revenue of $113.2 million, an increase of $6.0 million from the prior year quarter
- US/Canada quarterly revenue up 13% from the prior year quarter
- Earnings from operations of $28.4 million for the quarter, an increase of 20% from the prior year quarter
- Net earnings of $20.0 million for the quarter, and increase of $2.8 million from the prior year quarter
- Fully diluted earnings per share of $0.26 for the quarter
- Regular quarterly dividend increased to $0.19
Selected Financial…
