Evertz Technologies Ltd
TSX:ET

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Evertz Technologies Ltd Logo
Evertz Technologies Ltd
TSX:ET
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Price: 14.52 CAD -0.34% Market Closed
Market Cap: 1.1B CAD

Evertz Technologies Ltd
Investor Relations

Evertz Technologies Ltd. engages in the provision of television broadcast equipment and solutions that deliver content to television sets, on-demand services, WebTV, IPTV, and mobile devices. The company is headquartered in Burlington, Ontario and currently employs 1,715 full-time employees. The company went IPO on 2006-06-30. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their multi-channel digital and high definition television (HDTV) and high bandwidth low latency Internet Protocol (IP) network environments, and by telecommunications and new-media companies. The Company’s products offer signal routing, distribution, monitoring and management of content, as well as the automation and orchestration of workflow processes on premise and in the Cloud.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Dec 10, 2025
AI Summary
Q2 2026

Revenue Growth: Evertz reported Q2 sales of $132.7 million, up 18.4% sequentially and 6% year-over-year, with strong contributions from both hardware and software/services.

Margin Performance: Gross margin for the quarter was 58.6%, slightly lower than recent quarters but within the company's 56–60% target range, mainly due to typical product mix volatility.

Software & Services: Recurring software and services revenue reached $60.7 million, up 17.6% sequentially and 11% year-over-year, accounting for 46% of total revenue.

Backlog & Shipments: Evertz ended November with over $240 million backlog and $46 million in shipments for the month, indicating strong demand and momentum.

Dividends: The Board declared a regular quarterly dividend of $0.205 per share and a special dividend of $1 per share, citing a strong balance sheet and operating performance.

R&D Spending: R&D expenses remained stable, reflecting normalized salary inflation and an ongoing commitment to innovation.

Outlook & Confidence: Management expressed confidence in growth, citing robust backlog, ongoing adoption of IP/cloud solutions, and flexibility for M&A despite dividend payouts.

Key Financials
Revenue
$132.7 million
US/Canada Region Revenue
$98.5 million
International Region Revenue
$34.2 million
Recurring Software, Services and Other Software Revenue
$60.7 million
Gross Margin
58.6%
Net Earnings
$18.6 million
EPS (Diluted)
$0.24
R&D Expenses
$36.6 million
Working Capital
$205.7 million
Cash
$96.7 million
Purchase Order Backlog
over $240 million
Shipments in November
$46 million
Regular Quarterly Dividend
$0.205 per share
Special Dividend
$1 per share
Shares Outstanding
75.5 million
Other Earnings Calls

Management

Mr. Douglas A. DeBruin C.A., CPA
Executive Chairman & Executive VP of Administration
No Bio Available
Mr. Romolo Magarelli
President, CEO & Director
No Bio Available
Mr. Douglas Moore C.A., C.P.A.
CFO & Secretary
No Bio Available
Mr. Rakesh Patel
CTO & Director
No Bio Available
Mr. Vince Silvestri
Vice-President of Software Systems
No Bio Available
Mr. Daniel Turow
SVP of Media Distribution & CIO
No Bio Available
Mr. Simon Reed
Managing Director of Evertz UK
No Bio Available
Mr. Brian Scott Campbell
Executive Vice-President of Business Development
No Bio Available
Jeremy Blythe
Vice-President of Engineering Media Distribution
No Bio Available
Ms. Antoniella Assalone
Controller
No Bio Available

Contacts

Address
ONTARIO
Burlington
5292 John Lucas Dr
Contacts
+19053353700.0
www.evertz.com