Vislink Technologies, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
March 27, 2023 at 12:48 pm
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Vislink Technologies, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 28.4 million compared to USD 33.88 million a year ago. Net loss was USD 13.54 million compared to USD 16.39 million a year ago.
Basic loss per share from continuing operations was USD 5.8 compared to USD 7.6 a year ago.
Vislink Technologies, Inc. is a global technology company. The Company collects, delivers, and manages live video and associated data from the action scene to the viewing screen. It provides solutions for collecting live news, sports, entertainment, and news events for the broadcast markets. It also furnishes the surveillance and defense markets with real-time video intelligence solutions using various transmission products. It provides professional and technical services to terrestrial microwave, fiber optic, surveillance, and wireless communications systems. It offers a portfolio of solutions for live news, sports, and entertainment industries. These solutions include video collection, transmission, management, and distribution via microwave, cellular, (Internet Protocol) IP, MESH, and bonded cellular/5G networks. It provides video, audio, and data communications solutions to law enforcement and the public safety community, including airborne and tactical mobile command posts.