Vislink Technologies Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Vislink Technologies (NASDAQ:VISL) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$8.70m (up 73% from 2Q 2023).
• Net loss: US$2.27m (loss narrowed by 25% from 2Q 2023).
• US$0.93 loss per share (improved from US$1.27 loss in 2Q 2023).

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

Vislink Technologies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 86%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Vislink Technologies that we have uncovered.

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