Canada's Evertz Q1 revenue slightly beats estimates on international sales

Evertz Technologies

14/09/2026 21:36

Overview
Canada video infrastructure provider's fiscal Q1 revenue rose, slightly beating analyst expectations
Adjusted EPS for fiscal Q1 declined yr/yr, with no analyst estimate for comparison

Outlook
Company did not provide specific guidance or outlook for future quarters or the full year

Result Drivers
INTERNATIONAL SALES - Revenue growth was driven by higher sales in international markets
OPERATING EXPENSES - Increased selling, administrative and R&D expenses contributed to lower net earnings

Company press release: ID:nNFC4ym0MJ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
C$118.3 mln
C$118.07 mln (3 Analysts)
Q1 EPS
 
C$0.10
 
Q1 Net Income
 
C$8 mln
 
Q1 Gross Margin
 
58.6%
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Evertz Technologies Limited is C$18.00, about 21.2% above its September 11 closing price of C$14.85
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago

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Sept 14 - Dave & Buster's Q2 revenue misses estimates on lower entertainment sales

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)