Evertz Technologies (TSE:ET)
TSX:ET
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Earnings Data
Report Date
Sep 14, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.15Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted meaningful progress toward a software- and services-driven revenue mix, record annual sales, strong international growth, product awards and expanding government/defense opportunities. These positives were tempered by notable liquidity reduction driven by sizeable dividends and special payouts, a decline in hardware revenue, short-term operating cash variability, and supply-chain/cost pressures. Overall the company presents solid operational momentum and margin stability within target ranges, but with increased focus needed on cash levels and hardware margin pressures.Company Guidance
Record Annual Revenue
Annual sales reached CAD 515.8 million, a year-over-year increase of CAD 14.2 million or +2.8%, marking a record year for the company.
Recurring Software and Services Growth
Annual recurring software, services and other software revenue totaled CAD 240.7 million, up 8% year-over-year. In Q4, software and services were CAD 55.8 million, up 17% year-over-year and representing ~50% of Q4 revenue.
International Revenue Acceleration
International revenue for the year was CAD 148 million, up 16% year-over-year. In Q4 international revenues were CAD 37.4 million versus CAD 21.3 million in the prior year Q4, increasing the international mix to 28% of Q4 sales (29% for the year).
Healthy Gross Margins Within Target Range
Gross margin for the year was 59.3%, and Q4 gross margin was 59.3% (management noted this is within the company target range of 56%–60%). Total margin dollars for the year were CAD 306 million.
Backlog and Shipments Momentum
Purchase order backlog exceeded CAD 237 million at the end of May and May shipments were CAD 33 million, with combined backlog plus shipments cited as in excess of CAD 270 million entering fiscal 2027.
Earnings and EPS Improvement in Q4
Q4 net earnings were CAD 15.2 million versus CAD 13.0 million a year earlier. Q4 fully diluted EPS increased to CAD 0.20 from CAD 0.17 in the prior-year quarter (+~17.6%). Annual net earnings were CAD 64.4 million.
Strong Product Recognition and Market Wins
Multiple product awards at NAB Show (Future Best of Show Awards) and AV technology wins (e.g., BRAVO, ENX, X-CALIBER, MMA and NUCLEUS) highlight product momentum and industry recognition.
Growing Government and Defense Opportunities
Sales to government, military and aerospace customers were over CAD 50 million for the year (over 10% of revenue) and were characterized as up ~12% year-over-year, with new partnerships and expanded focus noted.
Continued Investment in R&D and Technology Leadership
R&D spending for the year was CAD 148.1 million, representing 28.7% of sales (Q4 R&D 28.7% of revenue), supporting more than 600 SDN deployments, IP/Cloud capabilities and DreamCatcher/BRAVO adoption.
Shareholder Returns
Board declared a regular quarterly dividend of CAD 0.205 per share (payable ~July 13) and the company distributed CAD 136 million in dividends during the year, including CAD 75.5 million in special dividends.
TSE:ET Earnings History
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 24, 2026 | C$16.52 | C$16.47 | -0.30% |
Mar 04, 2026 | C$14.86 | C$14.77 | -0.56% |
Dec 10, 2025 | C$10.48 | C$11.78 | +12.37% |
Sep 10, 2025 | C$8.81 | C$8.75 | -0.74% |
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 14, 2026, After Close (Confirmed).
What is Evertz Technologies (TSE:ET) earnings time?
Evertz Technologies (TSE:ET) earnings time is at Sep 14, 2026, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ET EPS forecast?
TSE:ET EPS forecast for the fiscal quarter 2027 (Q1) is 0.15.