Vecima Networks First Quarter 2025 Earnings: Misses Expectations

Vecima Networks (TSE:VCM) First Quarter 2025 Results

Key Financial Results

• Revenue: CA$81.9m (up 33% from 1Q 2024).
• Net income: CA$2.15m (up 23% from 1Q 2024).
• Profit margin: 2.6% (down from 2.8% in 1Q 2024). The decrease in margin was driven by higher expenses.
• EPS: CA$0.088 (up from CA$0.072 in 1Q 2024).

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

Vecima Networks Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 62%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Communications industry in Canada.

Performance of the Canadian Communications industry.

The company's shares are down 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Vecima Networks' balance sheet.

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