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The latest announcement is out from Evertz Technologies ( (TSE:ET) ).
Evertz Technologies reported a record quarterly revenue of $136.9 million for the third quarter ending January 31, 2025, marking a 9% increase from the previous quarter. The company saw significant growth in its reoccurring software and services revenue, which rose by 6% from the prior year, alongside an 8% increase in earnings from operations. This financial performance underscores Evertz’s strong market positioning and operational efficiency, particularly in the United States and Canada, despite a decline in international revenues.
More about Evertz Technologies
Evertz Technologies Limited is a leader in Software Defined Video Network (SDVN) technology, focusing on providing advanced video networking solutions. The company operates primarily in the video technology industry, offering software, services, and other related products to enhance video network capabilities.
YTD Price Performance: -10.32%
Average Trading Volume: 31,800
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$858.1M
See more data about ET stock on TipRanks’ Stock Analysis page.