Vecima Networks Returns To Profit In Q4, Shares Up
(RTTNews) - Thursday, Vecima Networks Inc. (VCM.TO) reported a bounce back to earnings in the fourth quarter of 2026, compared to loss a year ago.
Net income for the period was C$5.4 million or C$0.22 per share, compared to loss of C$13.3 million or C$0.55 per share in the prior year.
Adjusted net income was C$5.29 million or C$0.21 per share, compared to loss of C$1.38 million or C$0.06 per share last year.
Adjusted EBITDA for the period jumped to C$18.92 million from C$6.20 million the previous year.
Revenue for the period went up to C$91 million from C$66.7 million a year ago.
On the Toronto Stock Exchange, the shares were trading 3.28 percent up at C$12.91.
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