Broadband tech firm Vecima Networks Q1 revenue beats

Vecima Networks

13/11/2025 11:11

Overview

Vecima Q1 fiscal 2026 revenue of C$71.1 mln beats analyst expectations

Adjusted EPS for Q1 fiscal 2026 beats consensus, reflecting strong operational performance

Company reports 71% increase in adjusted EBITDA quarter-over-quarter

Outlook

Vecima expects solid sales volumes and expanding margins in fiscal 2026

Company anticipates demand shift due to industry consolidation into early fiscal 2027

Vecima sees growth driven by DAA and IPTV investments

Result Drivers

CDS SALES GROWTH - CDS segment sales increased 55% year-over-year and 30% quarter-over-quarter, contributing to revenue growth

PRODUCT MIX IMPROVEMENT - Gross margin increased due to favorable product mix and reduced foreign exchange volatility

VCMTS ENGAGEMENT - Significant progress in commercializing vCMTS solution with new customer wins and increased engagements

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
C$71.10 mln
C$67.72 mln (2 Analysts)
Q1 Adjusted EPS
Beat
C$0.05
-C$0.09 (2 Analysts)
Q1 EPS
C$0.01
Q1 Net Income
C$200,000
Q1 Adjusted EBITDA
C$11.50 mln
Q1 Gross Margin
42.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Vecima Networks Inc is C$16.00, about 37.5% above its November 12 closing price of C$10.00

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBwjq9g6a

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(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.)