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Haivision Targets Growth After Successful Restructuring

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Haivision Targets Growth After Successful Restructuring

Haivision Systems, Inc. (TSE:HAI) has released an update.

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Haivision Systems Inc., a leader in real-time video networking, has completed its operational restructuring aimed at enhancing profitability and is now targeting double-digit organic revenue growth. Despite a decrease in revenue for the third quarter and nine months ended July 31, 2024, due to U.S. budget approval delays and strategic shifts, the company has seen significant improvements in gross margins and net income, indicating a successful transformation.

For further insights into TSE:HAI stock, check out TipRanks’ Stock Analysis page.

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