The earnings call reflects a mixed sentiment. While there are significant achievements such as strong software revenue growth, improved margins, and increased cash reserves, these are offset by a decline in overall annual revenue and substantial drops in international sales. Additionally, foreign exchange losses present a concern. Evertz's strategic focus on IP and cloud technologies and successful industry recognition indicate potential for future growth.
Company Guidance -
Q1 2026
During the Evertz Technologies fourth-quarter conference call for fiscal year 2025, the company reported annual revenues of $501.6 million, down 2.5% from the previous year, with notable growth in the U.S./Canada region where revenues increased by 10.8% to $374.4 million. Recurring software services revenues rose by 17.8%, comprising 44.4% of total revenue at $222.6 million. The gross margin was $298.5 million, or 59.5% annually, with net earnings of $59.7 million, equating to $0.77 per fully diluted share. Research and development investments increased to $146.8 million, while the company ended the year with a strengthened cash position of $111.7 million. Quarterly revenue for Q4 was $127.8 million, with a gross margin of $78.9 million at a rate of 61.7%. The company emphasized its robust backlog exceeding $259 million and highlighted its strategic focus on IP, IT, and cloud-based solutions, alongside its significant presence at industry events and accolades received.
Strong Recurring Software Revenue Growth
Recurring software services and other software revenues increased by 17.8% year-over-year, totaling $222.6 million, which represents 44.4% of the total revenue.
U.S./Canada Revenue Increase
Revenues in the U.S./Canada region rose by 10.8% from the previous year, totaling $374.4 million.
Improved Gross Margin
Gross margin rates strengthened to 61.7% in the fourth quarter and 59.5% on an annual basis.
Increased Cash Position
The company ended the year with $111.7 million in cash and cash equivalents, up from $86.3 million in April 2024.
Awards and Recognition
Evertz received the TV Tech Best of Show Award and the TVB Europe Best of Show Award at the NAB Show for its advanced technology solutions.
Evertz Technologies (TSE:ET) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:ET Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 25, 2025
C$11.82
C$12.09
+2.28%
Mar 05, 2025
C$11.09
C$10.80
-2.61%
Dec 10, 2024
C$11.71
C$11.98
+2.31%
Sep 11, 2024
C$12.87
C$10.98
-14.69%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Evertz Technologies (TSE:ET) report earnings?
Evertz Technologies (TSE:ET) is schdueled to report earning on Sep 10, 2025, After Close (Confirmed).
What is Evertz Technologies (TSE:ET) earnings time?
Evertz Technologies (TSE:ET) earnings time is at Sep 10, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.