05:27 PM EDT, 03/14/2024 (MT Newswires) -- Haivision Systems Inc. ( HAIVF ) , a global provider of mission critical, real-time video networking and visual collaboration solutions, announced Thursday its results for the first quarter ending Jan. 31, 2024.

"This quarter's performance was noteworthy on a couple of fronts," said Mirko Wicha, Chairman and CEO of Haivision ( HAIVF ), in a statement. "Not only did we realize another record in terms of first quarter revenue performance, but if we factor our exit from the HoW managed services business, year-over-year organic growth rate was 6.5% - significantly better than the recent growth rate of comparable companies in the video infrastructure space."

Haivision's ( HAIVF ) Q1 revenue was $34.6 Million, an Increase of 6.5% when normalized for the exit from the managed services business.

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