Welcome to our dedicated page for Vislink Technologies news (Ticker: VISL), a resource for investors and traders seeking the latest updates and insights on Vislink Technologies stock.
Vislink Technologies Inc (VISL) provides mission-critical live video and data transmission solutions for broadcasters, defense agencies, and public safety organizations worldwide. This news hub offers investors and industry professionals direct access to official company announcements and strategic updates.
Track VISL's latest developments across key operational areas including wireless communication systems, satellite transmission innovations, and defense sector applications. Our curated collection features earnings reports, product launch details, partnership announcements, and technology milestones.
Stay informed about Vislink's advancements in microwave radio systems, cellular solutions, and surveillance technologies through verified press releases. Bookmark this page for real-time updates on the company's global initiatives in broadcast journalism and secure video intelligence markets.
Vislink Technologies (Nasdaq: VISL) has launched the INCAM-GV RF and 5G wireless transmitters for Grass Valley's new LDX 135 RF and LDX 150 RF cameras. This marks a significant advancement in live production technology, offering enhanced production freedom, flexibility, and high image quality. The INCAM-GV supports HEVC 4K UHD and HDR-ready wireless systems, ensuring compatibility with various broadcast formats like 4K UHD, 1080p, 1080i, and 720p. This innovation promises high-quality, immersive viewing experiences for modern broadcasting. Vislink's INCAM-GV will be showcased at the SVG College Summit in Atlanta and Broadcast Asia in Singapore.
Vislink Technologies reported a 20% increase in total revenue to $8.6 million for Q1 2024, driven by a surge in sales to military and government customers. Gross margin improved from 54% to 59%, and net loss narrowed to $0.9 million from $1.8 million, or $0.39 per share from $0.80 per share. The company held $13.8 million in cash and short-term investments and $31.2 million in working capital as of March 31, 2024.
Operational highlights include increased sales to MilGov customers, launch of products like Air-to-Anywhere™ and DragonFly V, and growth in service/software revenue. The company also expanded its presence in the drone command and control market and received
Vislink Technologies, Inc. will report its first-quarter 2024 financial results on May 15, 2024, at 8:30 a.m. ET. The company specializes in live video and data management for media, law enforcement, and defense industries. A conference call will be held to discuss the results, and questions can be submitted in advance.
FAQ
What is the current stock price of Vislink Technologies (VISL)?
What is the market cap of Vislink Technologies (VISL)?
