Vislink Technologies (NASDAQ:VISL) Third Quarter 2022 Results
Key Financial Results
- Revenue: US$7.11m (down 37% from 3Q 2021).
- Net loss: US$2.74m (down from US$676.0k profit in 3Q 2021).
- US$0.058 loss per share (down from US$0.015 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vislink Technologies Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 200%.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Communications industry in the US.
Performance of the American Communications industry.
The company’s shares are down 5.2% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Vislink Technologies has 3 warning signs we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
