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Evertz Technologies Reports a Fiscal Q1 Earnings Beat, But a Miss on Revenues
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Evertz Technologies Reports a Fiscal Q1 Earnings Beat, But a Miss on Revenues
Sep 10, 2025 2:22 PM

04:53 PM EDT, 09/10/2025 (MT Newswires) -- Evertz Technologies ( EVTZF ) at the close of trade Wednesday reported higher and better than expected earnings per share for its fiscal first quarter, even as revenues also rose but missed expectations.

For Q1, the video-technologies company said it earned $11.89 million, or $0.15 per share, in the quarter ended July 31, up 22% from $9.71 million, or $0.13, in the year-prior period. The result beat a consensus forecast for a profit of $0.14, according to FactSet.

Revenue rose to $112.1 million from $111.6 million in the prior year, missing the consensus forecast of $118.1 million at FactSet.

Revenue to the U.S. and Canada was $79.5 million, an increase of $5.5 million or 7%, while software and services revenue was $51.6 million, representing 46% of total revenue in the quarter.

It had gross margin of 61.4%, compared to 59.4% in the prior year quarter.

At the end of August, purchase order backlog was in excess of $252 million and shipments during the month of August were $41 million.

Evertz Board of Directors declared a regular quarterly dividend of $0.20 per share. The dividend is payable to shareholders of record on Sept.18, and will be paid on or about Sept.25.

Evertz ( EVTZF ) shares rose $0.21, or 1.7%, to $12.24 on the Toronto Stock Exchange.

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