Sequential Revenue Growth in North America
Sales for the second quarter totaled $125.3 million, up 12.2% sequentially from the prior quarter, with U.S./Canada revenue up 28.2%.
Increase in Recurring Software Services
Reoccurring software services and other software revenue increased 23.7% year-over-year, totaling $54.8 million in the quarter.
Awards and Recognition
Evertz's RF over IP platform won a TVB Best of Show Award, and DreamCatcher BRAVO Studio received a TV Technology Best of Show Award.
Strong Purchase Order Backlog
Purchase order backlog was over $298 million with shipments of $50 million during the month.
Dividend Increase
Evertz's Board of Directors declared a regular quarterly dividend increase to $0.20 per share.