Vecima Networks Inc. Announces Increase In Q3 Income

(RTTNews) - Vecima Networks Inc. (VCM.TO) reported a profit for its third quarter that increased from the same period last year

The company's earnings came in at C$5.8 million, or C$0.24 per share. This compares with C$4.5 million, or C$0.18 per share, in last year's third quarter.

Excluding items, Vecima Networks Inc. reported adjusted earnings of C$0.31 per share for the period.

The company's revenue for the quarter rose 2.3% to C$80.1 million from C$78.3 million last year.

Vecima Networks Inc. earnings at a glance (GAAP) :

-Earnings (Q3): C$5.8 Mln. vs. C$4.5 Mln. last year. -EPS (Q3): C$0.24 vs. C$0.18 last year. -Revenue (Q3): C$80.1 Mln vs. C$78.3 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.