Vislink Technologies, Inc. - VISL STOCK NEWS

Vislink Technologies (Nasdaq: VISL) has announced its 2022 Annual Meeting of stockholders scheduled for December 27, 2022, to be held virtually. The company will provide details on the time, record date, and voting matters in its proxy statement, anticipated for release in November 2022. Vislink specializes in the capture, delivery, and management of live video and associated data across media, law enforcement, and defense sectors. The press release also includes forward-looking statements highlighting potential risks and uncertainties related to future operations and financial performance.

Vislink (Nasdaq: VISL) has unveiled its Cliq OFDM Mobile Transmitter at IBC 2022, enhancing the capabilities for Tier 1 live event broadcasts. This transmitter supports full 4K and dual HD video services, offering a low-latency, wireless connection with HEVC encoding. It enables greater flexibility by allowing more camera views and capturing content over longer distances compared to older devices. With applications ranging from body-worn cameras to drones, the Cliq is designed to meet the evolving demands of broadcasters, enhancing creative and engaging viewer experiences.

Vislink has launched the 5G 4Live, an innovative end-to-end remote production solution aimed at enhancing live event broadcasting. This solution offers a premium 5G private network that allows seamless integration between cloud and edge infrastructures. With features like full support for wireless cameras and a bi-directional all-IP gateway, 5G 4Live promises low latency and high bandwidth connectivity. The product will be showcased at IBC 2022 in Amsterdam, highlighting Vislink's commitment to cutting-edge technology in the media and entertainment sectors.

Vislink (Nasdaq: VISL) announced significant advancements in its IQ Sports Producer technology, now integrating Pan-Tilt-Zoom (PTZ) cameras for high-quality live event streaming. This enhancement allows full-frame HD imaging and greater capture angles. CEO Mickey Miller highlighted successful deployments during recent events. Following its acquisition of Mobile Viewpoint, Vislink expands its offerings in AI-driven solutions for media and defense sectors. The company will showcase these innovations at IBC 2022 from September 9-13.

Vislink (Nasdaq: VISL) reported financial results for Q2 2022, revealing revenues of $6.8 million, down from $7.6 million in Q2 2021. However, year-to-date revenues rose to $13.9 million compared to $11.6 million in the same period last year. The company incurred a net loss of $2.6 million or $(0.05) per share, significantly higher than $(0.02) per share a year ago. Despite challenges, including supply chain issues, management expressed optimism over improved market conditions and a robust pipeline of business opportunities.

Vislink (Nasdaq: VISL) will release its Q2 2022 financial results after market close on August 15, 2022. A live video conference call discussing these results is scheduled for August 16, 2022, at 10:00 a.m. Eastern. The conference call will also include a Q&A session. Vislink specializes in high-quality live video capture, delivery, and management solutions across media, law enforcement, and defense sectors. Stakeholders can access the call via the provided link and expect an archived replay afterward.

Vislink (Nasdaq: VISL) announced its participation at APSCON 2022, showcasing the latest Airborne Video Downlink System (AVDS) for real-time video communication. The AVDS supports various networks including COFDM, MESH, and 5G, offering reliable video ISR capabilities for public safety agencies. Key products include the AeroLink Transceiver and Quantum Receiver, designed for high-definition video transmission in challenging environments. Vislink aims to enhance situational awareness with its innovative technology.

Vislink, a leader in live video technology, is set to showcase its AI-driven solutions for collegiate sports at the 2022 NACDA Convention in Las Vegas from June 26-29. Key offerings include the NFT-Ready Video Clipping Tool and IQ Sports Producer, designed to enhance fan engagement and monetization opportunities. The innovative clipping tool allows teams to create and sell NFTs from live broadcasts, tapping into a market expected to exceed $2 billion in 2022, according to Deloitte. This positions Vislink to significantly boost revenue streams for colleges through enhanced video content production.

Vislink (Nasdaq: VISL) showcased its 5G wireless technology during a sporting event in the UK, demonstrating its capacity for live broadcasts with guaranteed quality and low latency. The technology was deployed at the Gallagher Premiership Rugby match, a first for connecting matchday cameras to a standalone private 5G network. This innovation is expected to revolutionize remote production workflows by enabling cloud-based virtualized productions, enhancing operational efficiencies for broadcasters.