Vecima Networks' Fiscal Q3 Adjusted Net Income Rises YoY-June 2024-www.financetom.com

Vecima Networks' Fiscal Q3 Adjusted Net Income Rises YoY

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Vecima Networks' Fiscal Q3 Adjusted Net Income Rises YoY

May 14, 2026 4:08 AM

06:46 AM EDT, 05/14/2026 (MT Newswires) -- Vecima Networks' ( VNWTF ) fiscal third-quarter adjusted net income rose year over year on higher sales, the company said on Thursday.

Adjusted net income was C$1.6 million, or $0.06 per share, up from $1.2 million, or $0.05 per share.

Revenue was $64.8 million, a slight increase from $64.0 million. Adjusted EBITDA was $11.3 million, up from $10.3 million.

The company increased its revenue growth outlook for calendar year 2026. Vecima now expects 22.5% to 30.0% revenue growth compared to calendar year 2025, above the previous projection of 20% to 30% growth.

Adjusted EBITDA margins are still expected to break through 20% for calendar year 2026, driving adjusted EBITDA growth of 74% to 85% compared to calendar year 2025.

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