Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Vislink Technologies Inc (VISL)
NASDAQ:VISL
Holding VISL?
Track your performance easily
Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.7Last Year’s EPS
-2.77Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 14, 2018
|% Change Since: -42.42%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative developments. While there was significant year-to-date revenue growth and promising expansion in the MilGov sector, the third quarter faced revenue decline, increased net loss, and gross margin challenges. The company is taking steps to improve operational efficiency and reduce costs, indicating a proactive approach to address these challenges.Company Guidance
During Vislink's Q3 2024 earnings call, the company provided guidance on their strategic focus and financial expectations. CEO Carleton Miller reaffirmed Vislink's commitment to achieving cash flow positivity by 2025, supported by a strong growth trajectory in the MilGov sector and recurring revenue services. The company reported a year-to-date revenue increase of over 26% compared to the previous year, though Q3 revenues showed a temporary decline due to seasonal softness in the Live Production sector, exacerbated by the 2024 Summer Olympics. Vislink's MilGov sector demonstrated significant momentum, with bookings expected to exceed $9 million for 2024, representing over 60% year-over-year growth. CFO Michael Bond detailed the financials, noting a Q3 revenue of $7.1 million, a gross margin of 51%, and a net loss of $3 million. The company is implementing a restructuring program to reduce costs by over $6 million annually, including consolidating manufacturing facilities and reducing headcount. With a weighted pipeline of $50 million and strategic efforts to expand service and international markets, Vislink is positioned to drive long-term sustainable growth.Year-to-date Revenue Growth
The company's year-to-date revenue increased by over 26% compared to the prior year, driven by growth in the MilGov sector and recurring revenue services.
MilGov Sector Expansion
Bookings in the MilGov sector gained momentum with expected year-over-year growth of over 60% for 2024, indicating strong demand for Vislink's solutions in law enforcement and defense.
Operational Efficiency and Cost Reduction
The launch of a new ERP system and restructuring program is expected to deliver annualized savings of over $6 million starting in Q4, consolidating manufacturing facilities, and optimizing staffing.
---
VISL 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
---
VISL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $6.60 | $4.45 | -32.58% |
| Aug 14, 2024 | $6.77 | $7.14 | +5.47% |
| May 15, 2024 | $4.54 | $4.80 | +5.73% |
| Apr 01, 2024 | $3.43 | $3.38 | -1.46% |
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 Vislink Technologies Inc (VISL) report earnings?
Vislink Technologies Inc (VISL) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is Vislink Technologies Inc (VISL) earnings time?
Vislink Technologies Inc (VISL) earnings time is at Mar 26, 2025, TBA Not 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 VISL EPS forecast?
VISL EPS forecast for the fiscal quarter 2024 (Q4) is -0.7.
---