Vecima Networks (TSE:VCM) Announces Earnings Results

Vecima Networks (TSE:VCM – Get Free Report) posted its earnings results on Thursday. The company reported C$0.21 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$85.33 million during the quarter. Vecima Networks had a negative net margin of 4.72% and a negative return on equity of 6.16%.

Vecima Networks Stock Up 5.2%

Vecima Networks stock opened at C$12.50 on Thursday. Vecima Networks has a fifty-two week low of C$9.31 and a fifty-two week high of C$14.49. The stock has a market cap of C$303.94 million, a PE ratio of -23.15 and a beta of 0.45. The firm’s 50-day simple moving average is C$12.48 and its 200 day simple moving average is C$12.89. The company has a debt-to-equity ratio of 29.54, a quick ratio of 0.83 and a current ratio of 1.54.

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About Vecima Networks

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Vecima Networks Inc (TSX: VCM) builds the intelligent infrastructure powering the next generation of connectivity. Through broadband access, content delivery, cloud-native software, automation, and AI-enabled solutions, Vecima helps service providers modernize cable and fiber networks, deliver exceptional broadband and video experiences, and operate more intelligent, efficient networks. As operators evolve toward AI-enabled, software-driven architectures, Vecima’s platforms simplify operations, accelerate innovation, and enable the reliable, high-performance networks that connect homes, businesses, and communities around the world.

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