Overview

* Evertz Technologies Ltd fiscal Q1 2026 revenue rises slightly

* Net earnings for fiscal Q1 rise 22% to $11.9 mln

* Gross margin improves to 61.4% from 59.4% in prior year

Result Drivers

* US AND CANADA REVENUE - Revenue from the US and Canada increased by 7%, contributing significantly to overall revenue growth

* SOFTWARE AND SERVICES - Software and services accounted for 46% of total revenue, indicating strong performance in this segment

* GROSS MARGIN IMPROVEMENT - Gross margin improved to 61.4% from 59.4% in the prior year, contributing to higher earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Miss C$51.60 C$118.10

Revenue mln mln (2

Analysts

)

Q1 EPS C$0.15

Q1 Net C$11.90

Income mln

Q1 Gross 61.4%

Margin

Q1 C$15 mln

Income

from

operatio

ns

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for Evertz Technologies Ltd ( EVTZF ) is C$14.00, about 14.1% above its September 9 closing price of C$12.03

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)