OTC$VISL

Vislink Technologies Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported preliminary unaudited full year 2022 financial results, highlighting strong growth in public safety and live broadcast markets.

Vislink reported preliminary unaudited full year 2022 financial results, showcasing a refreshed go-to-market strategy and growth in the sports and entertainment, as well as public safety markets. The company achieved underlying revenue growth of 40% and 31%, respectively, in these areas in 2022.

  • Implemented a refreshed go-to-market strategy.
  • Focused on live production and public safety growth markets.
  • Targeting a 90/10 revenue split between hardware vs. software and services in 2023.
  • Appointed Paul Norridge as the new chief financial officer (CFO), effective April 1, 2023.

Headline financials

Total Revenue

$7.38M

Previous: $11M-33.2%
EPS (adj)

-$2.40

Previous: -$5.60+57.1%
Capital Expenditures

$114K

Previous: $43K+165.1%
Free Cash Flow

$2.43M

Previous: -$1.42M+271.5%
Net Income

-$5.51M

Previous: -$13.6M+59.4%
Operating Income

-$5.55M

Previous: -$13.6M+59.1%
Gross Profit

-$127K

Previous: $5.62M-102.3%
Cash & Equivalents

$25.6M

Previous: $36.2M-29.3%
Total Assets

$51.8M

Previous: $68.1M-24.0%
Stock-Based Comp

$295K

Previous: $3.76M-92.1%

Revenue & EPS history

Vislink · Revenue · Quarterly

$7.38M

Q4 2022-33.2%vs Q4 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Vislink will continue to focus its sales initiatives more heavily in the sports and entertainment as well as public safety markets. The company anticipates these markets continuing their solid trajectory in 2023 and aims to achieve approximately 10% software and services revenue contribution by the end of this year.

Tailwinds

  • Increasing demand for remote production and live content in sports and entertainment.
  • Growing need to produce live events cost effectively.
  • Building international sales pipeline in public safety.
  • Received strong positive feedback for new products.
  • Opportunity for a higher margin and recurring revenue software and services business.

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 Q4 2022

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro