Business
Vecima Reports Q3 Fiscal 2025 Results
Revenue of $64.0M; Gross Margin 47.7%; Adjusted EBITDA $9.4M Adjusted EBITDA improved sig...
About this update from Vecima Networks Inc.
[{"type":"text","content":"Vecima Reports Q3 Fiscal 2025 Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth13 { width: 13% }\n.bwwidth20 { width: 20% }\n.bwwidth40 { width: 40% }\n.bwwidth41 { width: 41% }\n.bwwidth48 { width: 48% }\n.bwwidth60 { width: 60% }\n.bwwidth7 { width: 7% }\n.bwwidth70 { width: 70% }\n.bwwidth9 { width: 9% }\n \n\n\n\n\n Revenue of $64.0M; Gross Margin 47.7%; Adjusted EBITDA $9.4M\n \n\n\n\n Adjusted EBITDA improved significantly from last quarter despite previously identified industry timing headwinds\n \n\n Entra vCMTS developments culminate in multi-year agreement with Cox Communications cementing Vecima as a vCMTS supplier of choice\n \n\n Vecima named 2024 global market share leader in DAA Remote Optical Line Terminals and Remote MACPHY nodes by Dell'Oro Group for the fourth consecutive year\n \n\n\n\n\n Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and nine months ended March 31, 2025.\n \n\n\n FINANCIAL HIGHLIGHTS\n \n\n\n\n\n\n\n\n (Canadian dollars in millions except percentages, employees, and per share data)\n \n\n\n\n\n\n\n Q3FY25\n \n\n\n\n\n\n Q2FY25\n \n\n\n\n\n\n Q3FY24\n \n\n\n\n\n\n\n Revenue\n \n\n\n\n $64.0\n \n\n\n\n $71.2\n \n\n\n\n $80.1\n \n\n\n\n\n\n Gross Margin\n \n 6\n \n\n\n\n\n 47.7%\n \n\n\n\n 36.4%\n \n\n\n\n 48.4%\n \n\n\n\n\n\n Net Income (Loss)\n \n\n\n\n $1.2\n \n\n\n\n $(7.9)\n \n\n\n\n $5.8\n \n\n\n\n\n\n Earnings (Loss) Per Share\n \n 1\n \n\n\...