OTC$VISL

Vislink Technologies Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Vislink Technologies' financial performance was affected by the COVID-19 pandemic, which limited growth and softened demand. However, the company implemented cost reduction measures to mitigate the effects of the downturn and conserve cash.

Vislink Technologies reported that the COVID-19 pandemic limited growth and softened demand in key markets. The company responded by streamlining operations and implementing cost reduction measures expected to achieve $5 million in savings.

  • The COVID-19 pandemic limited growth and softened demand in key Live Production and MilGov markets.
  • The pandemic impacted the supply chain, leading to interruptions in receiving components.
  • The company redoubled efforts to streamline all aspects of the business and realized additional operational efficiencies.
  • Vislink introduced two new product lines: the DVE/IRD satcom encoder/decoder, and the IP Link 3.0 digital microwave system.

Headline financials

Total Revenue

$4.78M

Previous: $5.01M-4.6%
EPS (adj)

-$3.40

Previous: -$48.00+92.9%
Capital Expenditures

-$227K

Previous: -$357K+36.4%
Free Cash Flow

-$10.9M

Previous: -$6.5M-68.1%
Net Income

-$2.79M

Previous: -$5M+44.1%
Operating Income

-$2.83M

Previous: -$4.9M+42.3%
Gross Profit

$22K

Previous: $78K-71.8%
Cash & Equivalents

$3.12M

Previous: $505K+518.4%
Total Assets

$23.3M

Previous: $26.5M-12.1%

Revenue & EPS history

Vislink · Revenue · Quarterly

$4.78M

Q3 2020-4.6%vs Q3 2019
Beat estimate in 3 of 12 quarters(25%)
ActualEstimate

Forward guidance

Vislink anticipates a return to normalcy in the industries they serve, leveraging their experience in covering major events, and remains cautiously optimistic.

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 Q3 2020

Historical avgQ3 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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