Vecima Networks (TSE:VCM) has released an update.
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Vecima Networks reported a 33% year-over-year increase in quarterly revenue to $81.9 million, driven by a significant 65% growth in Video and Broadband Solutions sales. The company’s adjusted EBITDA rose 42.6% to $11.6 million, highlighting strong financial performance in the first quarter of fiscal 2025.
For further insights into TSE:VCM stock, check out TipRanks’ Stock Analysis page.