Vecima Networks Inc. (TSX: VCM)

Canada flag Canada · Delayed Price · Currency is CAD
15.33
0.00 (0.00%)
Dec 20, 2024, 2:31 PM EST
-3.52%
Market Cap 372.71M
Revenue (ttm) 311.47M
Net Income (ttm) 19.79M
Shares Out 24.31M
EPS (ttm) 0.81
PE Ratio 18.83
Forward PE 15.42
Dividend 0.22 (1.44%)
Ex-Dividend Date Nov 22, 2024
Volume 1,437
Open 15.05
Previous Close 15.33
Day's Range 14.55 - 15.33
52-Week Range 14.50 - 23.01
Beta 0.63
Analysts n/a
Price Target n/a
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 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...

4 days 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.

4 days 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.

11 days 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.

11 days 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...

4 weeks 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.

4 weeks 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,...

4 weeks 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.

4 weeks 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.

5 weeks 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:...

5 weeks 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...

5 weeks 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.

5 weeks 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.

5 weeks 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...

7 weeks 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.

7 weeks 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.

2 months ago - Business Wire

Vecima’s Broadband Access Solution Accelerates TDS Telecom’s Restoration Efforts after New Mexico Wildfires

VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) commends TDS Telecommunications LLC (TDS®) on its accelerated restoration activities following the recent wildfires in Ruidoso, New Mexico,...

2 months ago - Financial Post

Vecima's Broadband Access Solution Accelerates TDS Telecom's Restoration Efforts after New Mexico Wildfires

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima commends TDS Telecom on its restoration activities with the wildfires in New Mexico, thanks in part to the use of the Entra R-MACPHY solution.

2 months ago - Business Wire

Vecima Adds New Feature Set to Terrace IQ™ for Smarter, Safer Video Streaming with Google Technology

VICTORIA, British Columbia — Vecima Networks Inc. (TSX: VCM) today announced that its Terrace IQ™ commercial video gateway now supports Dynamic Adaptive Streaming over HTTP (DASH) input with Google’s®...

3 months ago - Financial Post

Vecima Adds New Feature Set to Terrace IQ™ for Smarter, Safer Video Streaming with Google Technology

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima announces its Terrace IQ commercial video gateway now supports Dynamic Adaptive Streaming over HTTP input with Google's Widevine DRM system.

3 months ago - Business Wire

Q4 2024 Vecima Networks Inc Earnings Call Transcript

Q4 2024 Vecima Networks Inc Earnings Call Transcript

3 months ago - GuruFocus

Vecima to Demonstrate Next Generation Fiber and Cable Access and Optimized, Efficient Video Delivery at SCTE® TechExpo 2024

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima will showcase broadband access and IPTV industry leadership, highlighting its Entra Access portfolio, at the SCTE TechExpo 2024 in Atlanta.

3 months ago - Business Wire

Vecima Reports Q4 and Full-Year Fiscal 2024 Results

VICTORIA, British Columbia--(BUSINESS WIRE)--Vecima reports all-time best quarterly revenue in their financial results for their fourth quarter and Fiscal 2024 as Entra continues momentum.

3 months ago - Business Wire