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Tue, 25.02.2025
Vecima Networks
CA92241Y1016
Vecima Networks Inc. (TSX: VCM) announced today its “Turbocharged” DOCSIS 3.1 support for Entra® Remote MACPHY nodes with System Release 24.2.0.
Vecima’s Entra SC-1D2 and SC-2D Remote MACPHY Nodes enable Broadband Service Providers (BSPs) to access the compelling advantages of Distributed Access Architecture (DAA) and provide a cost-effective, e...
Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and six months ended December 31, 2024.
FINANCIAL HIGHLIGHTS
(Canadian dollars in millions except percentages, employees, and per share data)
Q2FY25
Q1FY25
Q2FY24
Revenue
$71.2
$81.9
$62.0
Gross Margin6
36....
Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on March 24, 2025, to shareholders of record as at February 28, 2025. This dividend will be designated as an “eligible dividend” for Canadian inc...
Vecima Networks Inc. (“Vecima” or the “Company”) (TSX: VCM) announced today that its second quarter financial results will reflect impacts related to adjustments in the timing of some of its largest customers’ cable and fiber upgrades, as well as certain transitory events including, but not limited to, foreign exchange volatility, costs associated...
Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, February 13, 2025, at 1:00 p.m. (ET) to discuss its financial and operational results for the three and six months ended December 31, 2024.
A news release announcing the results will be issued the day of the call before markets...
Vecima Networks Inc. (“Vecima”) (TSX: VCM) today announced the voting results of Vecima’s annual general meeting of shareholders (the “AGM”), held virtually on December 16, 2024, at 10:00am, Victoria time.
All of the matters put forward before Vecima’s shareholders (the “Shareholders”) for consideration and approval, as set out in Vecima’s Manag...
Vecima Networks Inc. (VCM: TSX) today announced it has undertaken a workforce reorganization of approximately 12 percent to align teams and program investments with customers' needs while also enhancing operating efficiency. The resulting workforce reduction is expected to deliver annualized savings of approximately $17.5 million, starting in the ...
Vecima Networks Inc. (TSX: VCM) today announced that LIWEST, Austria’s leading cable provider, will deploy its Entra® EXS1610 All-PON™ 10G shelf solution with DOCSIS® Provisioning of EPON (DPoE™) after completing a successful lab trial in partnership with Witke, Vecima’s partner in the region.
The EXS1610 All-PON Shelf, a key component of Vecima...
Vecima Networks Inc. (“Vecima”) (TSX: VCM) reported today that due to the recent and ongoing strike by the Canadian Union of Postal Workers which commenced on November 15, 2024, the delivery of the annual or interim financial statements and annual or interim management’s discussion and analysis, as applicable, (the “Materials”) may be delayed. Giv...
Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months ended September 30, 2024.
FINANCIAL HIGHLIGHTS
(Canadian dollars in millions except percentages, employees, and per share data)
Q1FY25
Q4FY24
Q1FY24
Revenue
$81.9
$87.5
$61.5
Gross Margin6
41.7%
...
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