Vecima Networks Inc. (TSX:VCM)

Canada flag Canada · Delayed Price · Currency is CAD
10.75
-0.45 (-4.02%)
Feb 21, 2025, 3:59 PM EST
-36.35%
Market Cap 261.37M
Revenue (ttm) 320.74M
Net Income (ttm) 8.32M
Shares Out 24.31M
EPS (ttm) 0.34
PE Ratio 31.58
Forward PE 18.80
Dividend 0.22 (1.96%)
Ex-Dividend Date n/a
Volume 7,306
Average Volume 10,994
Open 11.10
Previous Close 11.20
Day's Range 10.75 - 11.49
52-Week Range 10.75 - 23.01
Beta 0.53
RSI 27.07
Earnings Date Feb 10, 2025

About Vecima Networks

Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver internet connectivity to homes over cable and fiber, as well as adapt video services. Its principal products include Terrace and Terrace QAM, which are designed to meet the ne... [Read more]

Sector Technology
Founded 1988
Employees 608
Stock Exchange Toronto Stock Exchange
Ticker Symbol VCM
Full Company Profile

Financial Performance

In 2024, Vecima Networks's revenue was 291.05 million, a decrease of -4.08% compared to the previous year's 303.44 million. Earnings were 19.39 million, a decrease of -28.74%.

Financial Statements

News

Vecima Reports Q2 Fiscal 2025 Results

Q2 Revenue up 15% to $71.2M; Gross Margin 36.4%; Adjusted EBITDA $1.1M Q2 Entra Sales Grow 29% YoY to $56.2M VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today reported financial resul...

9 days ago - Financial Post

Vecima Reports Q2 Fiscal 2025 Results

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima Networks Inc. (TSX: VCM) today reported financial results for the second quarter of fiscal 2025.

9 days ago - Business Wire

Vecima Declares Quarterly Dividend

VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of...

9 days ago - Financial Post

Vecima Declares Quarterly Dividend

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces that its Board of Directors has approved a quarterly dividend of $0.055 per common share.

9 days ago - Business Wire

Vecima Announces Preliminary Second Quarter Fiscal 2025 Results

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima Networks announces preliminary second quarter financial results.

15 days ago - Business Wire

Vecima Announces Q2 Fiscal 2025 Results Earnings Call Thursday, February 13, 2025 at 1 pm ET

VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, February 13, 2025, at 1:00 p.m. (ET) to discuss its...

23 days ago - Financial Post

Vecima Announces Q2 Fiscal 2025 Results Earnings Call Thursday, February 13, 2025 at 1 pm ET

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces it will hold a conference call and live audio webcast on Thursday, February 13, 2025, at 1 p.m. (ET) to discuss its Q2FY25 Earnings.

23 days ago - Business Wire

Vecima Announces Results of AGM and Election of New Director

VICTORIA, British Columbia — Vecima Networks Inc. (“Vecima”) (TSX: VCM) today announced the voting results of Vecima’s annual general meeting of shareholders (the “AGM”), held virtually on December 16...

2 months ago - Financial Post

Vecima Announces Results of AGM and Election of New Director

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces the voting results of their annual general meeting (AGM) of shareholders.

2 months ago - Business Wire

Vecima announces cost restructuring

Vecima Networks (VCM:CA) announces a 12% workforce reduction to align teams with customer needs and improve operating efficiency, expecting $17.5M savings.

2 months ago - Seeking Alpha

Vecima Announces Cost Restructuring, Sharpening Focus on Profitable Growth

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces a workforce reorganization of approx. 12% to align with customers' needs while also enhancing operating efficiency.

2 months ago - Business Wire

Vecima and Witke to Deploy All-PON™ Fiber Access Solution with LIWEST in Austria

16-port Entra® EXS1610 All-PON™ Shelf supports a variety of PON standards, including XGS-PON and 10G-EPON VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today announced that LIWEST, Aust...

3 months ago - Financial Post

Vecima and Witke to Deploy All-PON™ Fiber Access Solution with LIWEST in Austria

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces LIWEST will deploy Vecima's Entra EXS1610 All-PON 10G shelf solution after a successful lab trial completion with Witke in Austria.

3 months ago - Business Wire

Vecima Networks Inc.: Notice to Shareholders Regarding the Delivery of Disclosure Documents

VICTORIA, British Columbia — Vecima Networks Inc. (“Vecima”) (TSX: VCM) reported today that due to the recent and ongoing strike by the Canadian Union of Postal Workers which commenced on November 15,...

3 months ago - Financial Post

Vecima Networks Inc.: Notice to Shareholders Regarding the Delivery of Disclosure Documents

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima reported today that due to the recent and ongoing strike by the CUPW, the delivery of the Materials may be delayed.

3 months ago - Business Wire

Vecima Reports Q1 Fiscal 2025 Results

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima reports its financial results for the first quarter of fiscal 2025 for the three months ended September 30, 2024.

3 months ago - Business Wire

Vecima Named Exclusive Global Partner for Digital Harmonic’s dh/KeyFrame™ Media Optimization Solution

dh/KeyFrame uses real-time generative artificial intelligence (AI) to optimize video quality while dramatically reducing bitrate VICTORIA, British Columbia & COLUMBIA, Md. — Vecima Networks Inc. (TSX:...

3 months ago - Financial Post

Vecima Named Exclusive Global Partner for Digital Harmonic's dh/KeyFrame™ Media Optimization Solution

VICTORIA, British Columbia & COLUMBIA, Md.--(BUSINESS WIRE)--Vecima and Digital Harmonic announce Vecima named as exclusive global provider/reseller of Digital Harmonic's dh/KeyFrame Media Optimizatio...

3 months ago - Business Wire

Vecima Declares Quarterly Dividend

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces their Board of Directors has approved a quarterly dividend of $0.055 per common share, eligible for Canadian income tax purposes.

3 months ago - Business Wire

Vecima Successfully Implements First Phase of Dynamic Ad Insertion for Hotwire Communications

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces successful completion of initial linear parity ad insertion for Hotwire Communications, a U.S. fiber-optic telecom services provider.

3 months ago - Business Wire

Vecima Announces Q1 Fiscal 2025 Results Earnings Call Thursday, November 14, 2024, at 1 pm ET

VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, November 14, 2024, at 1:00 p.m. (ET) to discuss its...

4 months ago - Financial Post

Vecima Announces Q1 Fiscal 2025 Results Earnings Call Thursday, November 14, 2024, at 1 pm ET

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces it will hold a conference call and live audio webcast on November 14, 2024, at 1 pm ET to discuss its results for Q1 Fiscal 2025.

4 months ago - Business Wire

Vecima Acquires Falcon V Systems, Provider of Innovative Software Orchestration Platform for Cable, Fiber, and Mobile Access Networks

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces its subsidiary, Vecima Technology B.V., has acquired Falcon V Systems, a provider of broadband access software solutions and services.

4 months ago - Business Wire