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Vecima Networks Inc (VNWTF.PK)

VNWTF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Vecima Reports Q2 Earnings Per Share C$0.06
Thursday, 8 Feb 2018 06:00am EST 

Feb 8 (Reuters) - Vecima Networks Inc ::VECIMA REPORTS Q2 FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE C$0.06.QTRLY REVENUE C$14.8 MILLION VERSUS C$20.2 MLN‍​.QTRLY ADJUSTED EARNINGS PER SHARE C$0.06.  Full Article

Concurrent Stockholders Approve Proposal To Sell Content Delivery & Storage Business To Vecima Networks
Wednesday, 13 Dec 2017 04:34pm EST 

Dec 13 (Reuters) - Concurrent Computer Corp ::CONCURRENT STOCKHOLDERS APPROVE PROPOSAL TO SELL CONTENT DELIVERY & STORAGE BUSINESS TO VECIMA NETWORKS.CONCURRENT COMPUTER CORP - STOCKHOLDERS OF CO HAVE APPROVED ALL PROPOSALS PRESENTED AT A SPECIAL MEETING OF ITS STOCKHOLDERS HELD ON DEC 13.CONCURRENT COMPUTER CORP - PROPOSALS RELATED TO SALE OF CONCURRENT'S CONTENT DELIVERY AND STORAGE BUSINESS TO VECIMA NETWORKS INC.  Full Article

Vecima announces acquisition of common shares of AirIQ
Wednesday, 25 Oct 2017 08:00am EDT 

Oct 25 (Reuters) - Vecima Networks Inc :Vecima announces acquisition of common shares of AirIQ.Entered into agreement with Donald Gibbs and 2204671 Ontario Inc to acquire 5.6 million common shares of AirIQ Inc​.As consideration for AirIQ shares, co issued 96,443 common shares at deemed value of $948,940 to Donald Gibbs and 2204671 Ontario.  Full Article

Vecima reports Q4 and fiscal 2017 results
Thursday, 28 Sep 2017 06:00am EDT 

Sept 28 (Reuters) - Vecima Networks Inc :Vecima reports Q4 and fiscal 2017 results.Vecima Networks Inc qtrly loss per share $‍0.01​.Vecima Networks Inc - qtrly revenue C$14.6 million versus C$21.9 million.Vecima Networks Inc - ‍quarterly Video And Broadband Solutions sales were $13.5 million, lower than $20.5 million achieved in Q4 2016​.  Full Article

Vecima Networks reports Q3 earnings per share C$0.46
Thursday, 11 May 2017 06:00am EDT 

May 11 (Reuters) - Vecima Networks Inc ::Vecima reports Q3 fiscal 2017 results.Sees FY 2017 sales C$70 million to C$72 million.Qtrly earnings per share C$0.46.Qtrly revenue C$15.7 million versus C$28.6 million.Sees FY 2017 sales in range of C$70.0 million to C$72.0 million.Sees FY gross margins in range of 51% to 54%.Sees FY 2017 adjusted EBITDA in range of C$19.5 million to C$21.5 million.  Full Article

Vecima announces agreement to sell YourLink
Monday, 9 Jan 2017 10:09am EST 

Vecima Networks Inc : Vecima announces agreement to sell YourLink . Proceeds from all-cash deal are expected to be $28.75 mln .Definitive agreement to sell remaining assets of its YourLink business based in Saskatchewan to Xplornet Communications Inc.  Full Article

Vecima reports 5 pct jump in qrtly revenue
Monday, 26 Sep 2016 06:00am EDT 

Vecima Reports Q4 And Fiscal 2016 Year : End results . Sees FY 2017 sales C$85 million to C$95 million . Qtrly revenue $24.4 million versus $23.2 million . Sees 2017 gross margins in range of 54% to 58% . Vecima Networks Inc says with industry in transition expect demand for legacy products to slow in fiscal 2017 . Sees 2017 adjusted EBITDA in range of $23 million and $28 million . Qtrly adjusted earnings per share $0.15 .Qtrly earnings per share $0.15.  Full Article

Vecima reports Q3 share $0.27
Thursday, 12 May 2016 06:00am EDT 

Vecima Networks Inc : Vecima reports Q3 fiscal 2016 results . Qtrly revenue C$31.8 million versus C$23.2 million . Qtrly adjusted earnings per share $0.27 . Qtrly earnings per Vecima Networks Inc . Sees Fiscal 2016 sales in higher-end of range of $100.0 million to $108.0 million . Sees Fiscal 2016 adjusted EBITDA in range of $32.0 million and $37.0 million .For Fiscal 2016, now expects both sales and adjusted ebitda, to be in top end of previously guided ranges.  Full Article

BRIEF-Vecima Reports Q2 Earnings Per Share C$0.06

* QTRLY ADJUSTED EARNINGS PER SHARE C$0.06 Source text for Eikon: Further company coverage: