Reports Q1 revenue $8.598M vs $7.188M last year. “The first quarter of 2024 demonstrated substantial financial and operational gains, directly resulting from the continued execution of our strategic plan we implemented two years ago to increase operating leverage,” stated Mickey Miller, CEO of Vislink. “Our revenue climbed by 20% to $8.6 million, primarily fueled by our expanding presence in the MilGov markets. This growth has been bolstered by enhanced sales opportunities following the acquisition of BMS assets and increased governmental investment due to recent geopolitical events.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VISL:
- Vislink Launches DragonFly V: A Revolution in Miniaturized Wireless Video Transmission
- Vislink Technologies Faces Potential Upheaval Amid Shareholder Activism and Performance Pressures
- Vislink price target raised to $10 from $8.50 at Alliance Global Partners
- Vislink Technologies Unveils Future Strategies and Market Outlook
- Vislink Reports Fourth Quarter and Full Year 2023 Financial and Operational Results – Update