Vecima returns to profit in Q4 FY26; revenue climbs 36% to C$91 million from Q4 FY25
Bitget2026/09/24 10:01- Vecima Networks reported Q4 FY26 revenue of CAD 91 million, up 36% from Q4 FY25 and up 45% from Q3 FY26.
- Net income was CAD 5.4 million, swinging from a net loss of CAD 13.3 million a year earlier and from a net loss of CAD 0.5 million in Q3.
- Gross margin widened to 45.4% from 26.3% in Q4 FY25, a 19.1 percentage-point increase.
- Fiscal 2026 revenue rose 6% to CAD 295 million, while net income swung to CAD 4.9 million from a net loss of CAD 18.5 million.
- Sumit Kumar said DAA rollouts gained momentum; outlook raised to 27%-32% calendar 2026 revenue growth, with ~20% adjusted EBITDA margin targeted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.