Vecima Networks Hits Record Quarterly Revenue
Company Announcements

Vecima Networks Hits Record Quarterly Revenue

Story Highlights

Vecima Networks (TSE:VCM) has released an update.

Vecima Networks has announced a record-breaking quarter with the highest quarterly revenue of $87.5 million and a significant 31% year-over-year growth in Video and Broadband Solutions sales. The company’s gross profit hit $40.7 million with a strong gross margin of 46.5%, and earnings per share grew to $0.34.

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

Related Articles
Ryan AdistVCM Upcoming Earnings Report: What to Expect?
Carrie WilliamsVCM Upcoming Earnings Report: What to Expect?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App