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VISL - Vislink Technologies GAAP EPS of -$1.27 misses by $0.60 revenue of $5M misses by $2.36M
Vislink Technologies Inc.
2023-08-11 07:46:03 ET
Vislink Technologies press release ( NASDAQ: VISL ): Q2 GAAP EPS of -$1.27 misses by $0.60 .
Revenue of $5.04M (-26.5% Y/Y) misses by $2.36M .
EBITDA was -$3.1 million, compared to -$2.1 million in the prior year period.
Maintained a strong balance sheet with $11.0 million in cash and cash equivalents, while strategically allocating $10.8 million to federal bonds intended to be held to maturity.