Vislink Technologies Reports Full Year 2018 Financial Results
Vislink Technologies, Inc. (VISL)
Company Research
Source: GlobeNewswire
Achieved Profitability in 2018 With Cost Rationalization Measures and Strong Fourth Quarter Revenues HACKETTSTOWN, NJ, April 01, 2019 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), whose brands are recognized as the global leaders in live video communications, announced its results for the fourth quarter and year ended December 31, 2018. Management will hold a conference call to discuss the results on Monday, April 1, 2019 at 5:00 p.m. Eastern Time (details below). 2018 Highlights: Revenues were $10.95 million for Q4 2018 and $37.9 million for the full year on a Non-GAAP basis.Achieved profitability of $600,000 and $391,000 on a Non-GAAP basis1 for Q4 2018 and the full year, respectively.Removed $9.5 million in costs from the business by streamlining operations, eliminating redundant personnel and consolidating facilities.Received orders during the year valued at several million dollars to provide airborn
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VISL
Sec Filings
- 4/3/24 - Form 10-K
- 4/1/24 - Form NT
- 4/1/24 - Form 8-K
- VISL's page on the SEC website