Evertz Technologies Ltd. (ET.TO) reported first-quarter earnings that declined from the prior year, even as revenue increased.
Net income totaled C$7.76 million, or C$0.10 per share, compared with C$11.84 million, or C$0.15 per share, in the same period last year.
Revenue rose 5.4% to C$118.26 million from C$112.15 million a year earlier.
Evertz Technologies Ltd. first-quarter GAAP results at a glance:
– Earnings: C$7.76 million, compared with C$11.84 million last year.
– EPS: C$0.10, compared with C$0.15 last year.
– Revenue: C$118.26 million, compared with C$112.15 million last year.
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