OTC$VISL

Vislink Technologies Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Vislink's Q2 2022 results were announced, revealing that while the results fell short of expectations, business conditions in key market sectors had markedly improved.

Vislink reported its Q2 2022 financial results, which were below expectations. However, the company noted improved business conditions in key markets and a strong business pipeline. They are implementing operational transformations to optimize processes and reduce costs.

  • Business conditions in key market sectors have markedly improved.
  • Robust quoting activity was seen due to the return of live events and positive traction for new products.
  • A strong pipeline of business has been built for the near and longer-term.
  • A comprehensive transformation of operations has been undertaken to optimize business processes and reduce cost structure.

Headline financials

Total Revenue

$6.76M

Previous: $7.55M-10.5%
EPS (adj)

-$1.00

Previous: -$0.40-150.0%
Capital Expenditures

-$298K

Previous: -$122K-144.3%
Free Cash Flow

-$8.54M

Previous: -$8.36M-2.2%
Net Income

-$2.53M

Previous: -$834K-202.9%
Operating Income

-$2.59M

Previous: -$897K-188.3%
Gross Profit

$3.47M

Previous: $3.83M-9.4%
Cash & Equivalents

$26.9M

Previous: $55.5M-51.6%
Total Assets

$60.2M

Previous: $80.2M-24.9%
Stock-Based Comp

$208K

Previous: $34K+511.8%

Revenue & EPS history

Vislink · Revenue · Quarterly

$6.76M

Q2 2022-10.5%vs Q2 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Vislink anticipates that actions taken will help deliver better customer responsiveness, a fully streamlined product development methodology, and a substantially lower cost of operations and is optimistic that the improved sales climate, coupled with a more efficient operating base, will put the company in a position to finish strongly in the remainder of fiscal 2022.

Tailwinds

  • Improved sales climate.
  • More efficient operating base.
  • Better customer responsiveness.
  • Fully streamlined product development methodology.
  • Substantially lower cost of operations.

Headwinds

  • Results in the second quarter fell short of expectations.
  • Delays in projects, particularly in government markets.
  • Impacts to the supply chain.
  • Intermittent shortages of critical components.
  • Long sales cycles and government funding slowdowns.

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 2022

Historical avgQ2 2022

-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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