Vecima Networks (TSE:VCM) Announces Quarterly Earnings Results

Vecima Networks (TSE:VCMGet Free Report) announced its quarterly earnings data on Thursday. The company reported C$0.06 earnings per share for the quarter, FiscalAI reports. Vecima Networks had a negative return on equity of 5.37% and a negative net margin of 4.22%.The firm had revenue of C$64.83 million during the quarter.

Here are the key takeaways from Vecima Networks’ conference call:

  • Vecima raised its calendar 2026 outlook, now expecting revenue growth of 22.5%–30% and adjusted EBITDA growth of 74%–85%, supported by visible customer orders and accelerating demand.
  • The company highlighted a major multi-year DOCSIS 4.0 agreement with Charter and continued nationwide fiber-to-the-home deployment, reinforcing a key customer relationship and long-term growth opportunity.
  • Q3 gross margin improved to 47.3% and adjusted EBITDA rose to CAD 11.3 million, with management saying the company is moving closer to its 20%+ adjusted EBITDA margin target.
  • Revenue of CAD 64.8 million was slightly above last year but down sequentially, which management described as expected due to timing and temporary customer/program transitions.
  • Vecima also reported progress in vCMTS trials, a paid proof-of-concept with another tier 1 customer, and stronger fiber-to-the-home and dynamic ad insertion opportunities, expanding its longer-term growth pipeline.

Vecima Networks Price Performance

Vecima Networks stock opened at C$13.34 on Friday. The company has a 50-day simple moving average of C$13.01 and a 200-day simple moving average of C$11.22. The firm has a market capitalization of C$324.36 million, a P/E ratio of -27.79 and a beta of 0.73. The company has a debt-to-equity ratio of 34.60, a quick ratio of 0.83 and a current ratio of 1.54. Vecima Networks has a one year low of C$8.90 and a one year high of C$13.40.

Analysts Set New Price Targets

Separately, Acumen Capital lifted their price target on shares of Vecima Networks from C$15.00 to C$16.00 and gave the company a “buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Vecima Networks has a consensus rating of “Buy” and a consensus price target of C$16.50.

Check Out Our Latest Research Report on VCM

Vecima Networks Company Profile

(Get Free Report)

Vecima Networks Inc delivers scalable software, services, and integrated technologies for broadband access, content delivery, and telematics. The company operates in three segments: Video & Broadband Solutions, Content Delivery & Storage, and Telematics. The Video & Broadband Solutions segment delivers scalable, flexible broadband and video networks for cable and telecommunications operators to meet tomorrow’s bandwidth demands. The Content Delivery & Storage segment develops advanced applications that protect, transform, and deliver visual media.

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Earnings History for Vecima Networks (TSE:VCM)

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