OTC$VISL
Vislink Technologies Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Vislink's Q2 2024 financial results showed significant revenue growth.
Vislink reported a 73% increase in revenue for Q2 2024, reaching $8.7 million, driven by advancements in the MilGov and Live Broadcast markets. The company's weighted sales pipeline grew to $51 million. They are targeting cash flow neutrality by the end of 2024.
- Revenue increased by 73% year-over-year, reaching $8.7 million.
- The weighted sales pipeline grew to $51 million.
- Shipments were made to U.S. Customs and Border Protection and other MilGov End Users and OEMs.
- The company is increasing investment in R&D to strengthen its position in aerial and terrestrial solutions.
Headline financials
Revenue & EPS history
Vislink · Revenue · Quarterly
$8.7M
Forward guidance
Vislink anticipates further improvements in supply chain efficiency and operational performance with the upcoming launch of their upgraded and unified ERP system. They aim to enhance gross margins and reduce operating costs, targeting cash flow neutrality by the end of 2024 and positive cash flow in 2025.
Tailwinds
- Improvements in supply chain efficiency and operational performance.
- Enhancement of gross margins.
- Reduction of operating costs.
- Targeting cash flow neutrality by the end of 2024.
- Achieving positive cash flow in 2025.
Headwinds
- Timing for cash flow neutrality may vary due to R&D investments.
- Prioritization of incremental R&D investments.
- Potential impact on short-term cash flow targets.
- Dependence on operational improvements to offset R&D investment.
- Uncertainty regarding the exact timing of achieving positive cash flow.
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 2024
-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
| Quarter | Report date | Reaction (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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