Vecima Networks (TSE:VCM) Releases Quarterly Earnings Results

Vecima Networks (TSE:VCM) issued its quarterly earnings results on Thursday. The company reported C$0.04 earnings per share for the quarter, FiscalAI reports. Vecima Networks had a return on equity of 8.62% and a net margin of 6.35%.The company had revenue of C$73.72 million during the quarter.

Here are the key takeaways from Vecima Networks’ conference call:

• Vecima now expects 20%–30% revenue growth over the next 12 months and forecasts 12‑month Adjusted EBITDA margin to break through 20%, implying a 70%–85% increase in next‑12‑month Adjusted EBITDA versus calendar 2025.
• A lead tier‑one broadband customer has signaled widescale deployment beginning in Q4, driving anticipated sharp demand for Entra products (including the EN9000 GAP platform and ERM RPDs) as part of a multiyear upgrade program.
• The company’s Terrace IQ commercial video platform won a national wholesale upgrade with a North American Tier‑1, representing a multiyear opportunity to upgrade thousands of commercial accounts and support ongoing rollouts.
• Q2 results showed steady momentum with revenue up 3.5% YoY, gross margin improving to 44.9% (up 850 bps YoY), and Adjusted EBITDA of CAD 10.6M (14.4% margin), driven by a higher‑margin product mix and cost efficiencies.
• Management cautioned about some near‑term Q3 timing lumpiness from industry consolidation that could modestly affect quarterly timing before the expected Q4 ramp, while continuing to prioritize debt reduction (net debt ~CAD 66.9M) and returning cash via a CAD 0.055/share quarterly dividend.

Vecima Networks Stock Performance

Vecima Networks stock opened at C$10.15 on Friday. The stock has a fifty day moving average price of C$10.00 and a 200 day moving average price of C$10.10. Vecima Networks has a 52 week low of C$8.43 and a 52 week high of C$11.79. The firm has a market capitalization of C$246.80 million, a P/E ratio of -12.53 and a beta of 0.42. The company has a current ratio of 1.73, a quick ratio of 0.83 and a debt-to-equity ratio of 22.94.

About Vecima Networks

Vecima Networks Inc delivers scalable software, services, and integrated technologies for broadband access, content delivery, and telematics. The company operates in three segments: Video & Broadband Solutions, Content Delivery & Storage, and Telematics. The Video & Broadband Solutions segment delivers scalable, flexible broadband and video networks for cable and telecommunications operators to meet tomorrow’s bandwidth demands. The Content Delivery & Storage segment develops advanced applications that protect, transform, and deliver visual media.