Evertz Technologies Ltd (TSX:ET)
C$ 16.24 -0.31 (-1.87%) Market Cap: 1.23 Bil Enterprise Value: 1.22 Bil PE Ratio: 20.30 PB Ratio: 6.24 GF Score: 86/100

Q3 2026 Evertz Technologies Ltd Earnings Call Transcript

Mar 4, 2026 / 10:00 PM GMT
Release Date Price: C$16.05 (+0.06%)

Key Points

Positve
  • Evertz Technologies Ltd (EVTZF) reported record sales of $139.3 million for Q3 2026, marking a 5% sequential increase.
  • International revenue saw a significant rise of 27.7% sequentially, contributing to the overall sales growth.
  • Recurring software, services, and other software revenue increased by 12.3% year over year, totaling $62.5 million.
  • The company's gross margin improved to 58.3% from 57.8% in the same quarter of the previous year.
  • Evertz Technologies Ltd (EVTZF) declared a regular quarterly dividend of $0.05 per share, reflecting confidence in its financial stability.
Negative
  • North American revenue declined by 3% compared to the previous year, indicating slower growth in this region.
  • Quarterly hardware revenue decreased to $76.8 million from $81.2 million in the prior year.
  • Foreign exchange losses amounted to $2.3 million, negatively impacting net earnings.
  • Cash reserves declined significantly from $111.7 million to $24.8 million due to substantial dividend payouts.
  • Gross margins were slightly affected by tighter international margins and increased memory costs, though still within target range.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ET.TO - Evertz Technologies Ltd
Q3 2026 Evertz Technologies Ltd Earnings Call
Mar 04, 2026 / 10:00PM GMT

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Presentation
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Unidentified_1 [1]
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Okay.

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Unidentified_2 [2]
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Good afternoon ladies and gentlemen, and welcome to the Everts Q3 Investor conference call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press 0 for the operator. This call is being recorded on Wednesday, March 4, 2026. I would now like to turn the conference over to Brian Campbell, executive VP of Business Development. Please go ahead, sir.

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