Haivision Systems Full Year 2024 Earnings: Misses Expectations

Simply Wall St

January 17, 2025

Haivision Systems (TSE:HAI) Full Year 2024 Results

Key Financial Results

Revenue: CA$129.5m (down 7.4% from FY 2023).
Net income: CA$4.70m (up from CA$1.27m loss in FY 2023).
Profit margin: 3.6% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
EPS: CA$0.16 (up from CA$0.044 loss in FY 2023).

earnings-and-revenue-history — TSX:HAI Earnings and Revenue History January 17th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Haivision Systems Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Communications industry in Canada.

Performance of the Canadian Communications industry.

The company's shares are down 10% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Haivision Systems' balance sheet health.

The New Payments ETF Is Live on NASDAQ:

Money is moving to real-time rails, and a newly listed ETF now gives investors direct exposure. Fast settlement. Institutional custody. Simple access.

Explore how this launch could reshape portfolios

Valuation is complex, but we're here to simplify it.

Discover if Haivision Systems might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.