Vecima Reports Strong Third Quarter Results Generating Expanding Gross and Adjusted EBITDA Margins

About this update from Vecima Networks Inc.

Vecima Reports Strong Third Quarter Results Generating Expanding Gross and Adjusted EBITDA Margins .bwalignc { text-align: center; list-style-position: inside } .bwalignl { text-align: left } .bwalignr { text-align: right; list-style-position: inside } .bwblockalignl { margin-left: 0px; margin-right: auto } .bwcellpmargin { margin-bottom: 0px; margin-top: 0px } .bwleftsingle { border-left: solid black 1pt } .bwlistdisc { list-style-type: disc } .bwpadb3 { padding-bottom: 4px } .bwpadl0 { padding-left: 0px } .bwpadl1 { padding-left: 5px } .bwpadl2 { padding-left: 10px } .bwpadl3 { padding-left: 15px } .bwpadr0 { padding-right: 0px } .bwrightsingle { border-right: solid black 1pt } .bwrowaltcolor0 { background-color: #cceeff } .bwsinglebottom { border-bottom: solid black 1pt } .bwtablemarginb { margin-bottom: 10px } .bwtopsingle { border-top: solid black 1pt } .bwuline { text-decoration: underline } .bwvertalignb { vertical-align: bottom } .bwwidth1 { width: 1% } .bwwidth100 { width: 100% } .bwwidth11 { width: 11% } .bwwidth13 { width: 13% } .bwwidth14 { width: 14% } .bwwidth44 { width: 44% } .bwwidth47 { width: 47% } .bwwidth58 { width: 58% } .bwwidth59 { width: 59% } .bwwidth61 { width: 61% } .bwwidth68 { width: 68% } .bwwidth73 { width: 73% } .bwwidth8 { width: 8% } Q3 Revenue $64.8M; Gross Margin 47.3%; Adjusted EBITDA Margin 17.4%; Calendar 2026 Revenue Growth Outlook Increased to 22.5%-30.0% (previously 20%-30%) Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and nine months ended March 31, 2026. FINANCIAL HIGHLIGHTS (Canadian dollars in millions except percentages, employees, and per share data) Q3 FY26 Q2 FY26 Q3 FY25 Revenue $64.8 $73.7 $64.0 Gross Margin 47.3% 44.9% 47.7% Net Income (Loss) $(0.2) $0.1 $1.2 Earnings (Loss) Per Share 1 $(0.01) $0.00 $0.05 Adjusted Gross Margin 2,3 50.7% 46.4% 47.4% Adjusted Earnings (Loss) Per Share 1,2,4,5 $0.06 $0.04 $0.05 Adjusted EBITDA 2 $11.3 $10.6 $10.3 Employees 612 611 582 1) Based on weighted average number of shares outstanding. 2) Adjusted Gross Margin, Adjusted Earnings Per Share and Adjusted EBITDA do not have a standardized meaning under IFRS and therefore may not be comparable to similar measures provided by other issuers. Starting in Q4 fiscal 2025, we have changed our definition and calculation of Adjusted EBITDA and Adjusted Earnings Per Share. For a reconciliation o...

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