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Mar 31, 2022

Vislink Q1 2022 Earnings Report

Reported revenue increase and new product launches, driving quoting activity and bookings growth.

Key Takeaways

Vislink reported a 75% increase in revenue compared to the previous year, driven by new product launches such as AeroLink and Stellar Cam, and enhancements to existing live production offerings.

Revenue increased by 75% compared to the previous year.

New products and solutions, including AeroLink and Stellar Cam, were successfully launched.

A 40% gain in bookings was achieved in live production markets.

A wider set of video communications solutions is now offered.

Total Revenue
$7.15M
Previous year: $4.09M
+74.9%
EPS
-$1.2
Previous year: -$1.4
-14.3%
Gross Profit
$3.64M
Previous year: $1.73M
+110.0%
Cash and Equivalents
$31M
Previous year: $59.9M
-48.2%
Free Cash Flow
-$5.09M
Previous year: -$4.39M
+15.9%
Total Assets
$64.4M
Previous year: $76.7M
-15.9%

Vislink

Vislink

Forward Guidance

Vislink anticipates further opportunities to capture business and achieve profitable growth in upcoming quarters due to its expanded video communications solutions.