OTC$VISL

Vislink Technologies Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported an increase in revenues and a narrowed net loss, with EBITDA improving compared to the first quarter of 2020.

Vislink Technologies reported an 11% increase in revenues and a $3.5 million improvement in EBITDA compared to Q1 2020, marking their best financial performance since the company's IPO. The company has completed the first phase of its turnaround, focusing on cost reduction and fiscal discipline.

  • Revenues increased by 11% compared to the first quarter of 2020.
  • Net loss narrowed and EBITDA improved by $3.5 million compared to the first quarter of 2020.
  • Company has rightsized the organization across its four solution areas.
  • Completed the first phase of the operational turnaround.

Headline financials

Total Revenue

$6.01M

Previous: $7.35M-18.3%
EPS (adj)

-$1.00

Previous: -$214.80+99.5%
Capital Expenditures

-$158K

Previous: -$249K+36.5%
Free Cash Flow

-$7.88M

Previous: -$1.46M-441.3%
Net Income

-$778K

Previous: -$3.58M+78.2%
Operating Income

-$657K

Previous: -$3.21M+79.5%
Gross Profit

$21K

Previous: $65K-67.7%
Cash & Equivalents

$5.07M

Previous: $416K+1117.5%
Total Assets

$24.5M

Previous: $28M-12.5%

Revenue & EPS history

Vislink · Revenue · Quarterly

$6.01M

Q2 2020-18.3%vs Q2 2019
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

Vislink has stabilized its financial and operational foundations and is embarking on the second phase of its operational turnaround, which will include increased operational efficiencies and capital allocation to growth opportunities.

Tailwinds

  • Focus on increased operational efficiencies.
  • Capital allocation to growth opportunities.
  • Rightsized the organization across four solution areas.
  • Ongoing focus on fiscal discipline.
  • Significant improvements in operations.

Headwinds

  • Challenging business environment caused by the effects of the COVID-19 pandemic.
  • Forward-looking statements involve substantial risks and uncertainties.
  • Statements are based on management’s current expectations.
  • Company may not actually achieve the plans.
  • The Company specifically disclaims any obligation to update these forward-looking statements publicly.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-5.1%

Avg return

Earnings day

-4.6%

Avg return

5 days after

-4.5%

Avg return

30 days after

33%

17 / 51 earnings

Positive

+43.3%

Q1 2017

Best reaction

-65.4%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.4%+12.2%+34.5%
Q1 2025+0.0%+3.6%-0.9%
Q4 2024-1.2%+1.6%+8.2%
Q3 2024-34.1%-35.2%-47.6%
Q2 2024+8.4%+6.2%-10.9%
Q1 2024+9.5%+6.6%-4.0%
Q4 2023-6.4%-7.3%+8.2%
Q3 2023+10.3%+21.5%+91.3%
Q2 2023-8.3%-9.1%-11.6%
Q1 2023+2.7%+5.8%+6.8%
Q4 2022-2.6%-10.3%-28.2%
Q3 2022+5.0%-5.0%-10.0%
Q2 2022-11.8%-19.1%-16.2%
Q4 2021-2.7%-7.2%-28.8%
Q3 2021-3.9%-9.0%-28.1%
Q2 2021-5.5%-10.5%-3.5%
Q1 2021-0.9%+1.8%+28.8%
Q4 2020+2.6%+2.9%-10.6%
Q3 2020-2.6%-3.4%+5.2%
Q2 2020-2.2%-14.2%-38.7%
Q1 2020-4.0%+20.0%+96.7%
Q4 2019-12.0%-16.7%+66.7%
Q3 2019-17.8%-15.2%-30.3%
Q2 2019-19.6%-17.6%-19.6%
Q1 2019-29.7%-36.9%-35.2%
Q4 2018+5.7%-8.6%-8.6%
Q3 2018+5.6%+2.2%-32.6%
Q2 2018-21.1%-25.4%-28.6%
Q1 2018-12.0%-11.5%-13.8%
Q4 2017+9.6%-2.9%-24.0%
Q3 2017-2.6%+7.8%+1.3%
Q2 2017-1.3%-18.8%-22.8%
Q1 2017+43.3%+24.1%+34.8%
Q4 2016+0.6%-7.0%-8.9%
Q3 2016+4.4%-3.0%-3.0%
Q2 2016+6.3%+39.0%-29.3%
Q1 2016-33.3%-30.4%-53.3%
Q4 2015+0.0%
Q3 2015-17.2%
Q2 2015-65.4%
Q1 2015-11.5%
Q4 2014+3.7%
Q3 2014-16.2%
Q2 2014-1.4%
Q1 2014-6.5%
Q4 2013-34.9%
Q3 2013+1.8%
Q1 2013+0.0%
Q4 2012+10.0%
Q3 2012+0.0%
Q2 2012+0.0%

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