Evertz Technologies Reports First Quarter Results for the Quarter Ended July 31, 2026
Evertz Technologies reported Q1 fiscal 2027 revenue of $118.3 million, up $6.1 million from $112.1 million a year earlier, with international revenue rising to $38.3 million from $32.7 million while US/Canada grew just 1%. Profitability moved the other way: net earnings fell to $8.0 million ($0.10 fully diluted EPS) from $11.9 million ($0.15), as gross margin compressed to 58.6% from 61.4% and operating earnings dropped to $11.0 million from $15.0 million. Cash generation deteriorated sharply, with operating cash flow of $0.8 million versus $33.5 million last year, and cash net of bank indebtedness fell to $2.5 million from $19.1 million after $15.5 million in dividend payments.
Key figures
- Eps
- 0.1
- Revenue
- 118259000
- Revenue Yoy
- +$6.1 million vs $112.1 million prior year (~5.4%)
- Net earnings
- 7960000
- Order backlog
- 259000000
- Dividends paid
- 15500000
- Working capital
- 131424000
- August shipments
- 30000000
- Gross margin pct
- 58.6%
- Operating income
- 10980000
- Us canada revenue
- 79900000
- Cash prior quarter
- 19117000
- Operating cash flow
- 800000
- International revenue
- 38300000
- Eps diluted prior year
- 0.15
- Net earnings prior year
- 11894000
- Backlog sequential change
- 9%
- Gross margin pct prior year
- 61.4%
- Cash net of bank indebtedness
- 2457000
- Operating cash flow prior year
- 33500000
AI analysis
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