Overview

* Baylin ( BYLTF ) Q2 revenue rises 1.9% yr/yr to CAD 22.5 mln, beating expectations, per LSEG data

* Net income of CAD 1.0 mln in Q2, reversing a loss from Q2 2024

* Adjusted EBITDA increases 50.9% yr/yr, driven by higher gross profit

Outlook

* Baylin ( BYLTF ) expects softer second half of 2025 compared to first half

* Wireless Infrastructure revenue for 2025 expected to exceed 2024

* Embedded Antenna revenue in second half of 2025 lower than first half

* Satcom anticipates lower revenue in 2025 compared to 2024

Result Drivers

* WIRELESS INFRASTRUCTURE - Revenue increase driven by strong sales in multibeam and small cell antennas

* PRODUCT MIX - Improved gross margin attributed to favorable product mix in Wireless Infrastructure business line

* TARIFF MITIGATION - Co mitigated tariff impacts through strategic measures

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$22.46 C$22 mln

Revenue mln (1

Analyst)

Q2 EPS C$0.01

Q2 Net C$1 mln

Income

Q2 C$3.43

Adjusted mln

EBITDA

Q2 Gross 46.3%

Margin

Q2 C$2.34

EBITDA mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "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 Baylin Technologies Inc ( BYLTF ) is C$0.33, about 18.5% above its August 5 closing price of C$0.27

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.)