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Vislink Technologies Inc - VISL STOCK NEWS

Welcome to our dedicated news page for Vislink Technologies (Ticker: VISL), a resource for investors and traders seeking the latest updates and insights on Vislink Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vislink Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vislink Technologies's position in the market.

Rhea-AI Summary
Vislink Technologies, Inc. introduces DragonFly V, an ultra-compact HEVC HDR COFDM transmitter, revolutionizing live video capture with its small size, weight, and powerful features. The transmitter offers high-definition HDR video transmission, low latency, and supports video formats up to 1080P-50/60 HDR. DragonFly V's versatility, energy-efficient design, and comprehensive control make it a game-changer in live broadcast technology, catering to various applications like sports, entertainment, and public safety.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.37%
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none
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Rhea-AI Summary
Vislink Technologies, Inc. reports 75% year-over-year revenue growth in MilGov markets for 2023 and forecasts improved cash flow and significant revenue expansion in 2024. The company achieved key milestones such as acquiring Broadcast Microwave Services, launching Air-to-Anywhere™, solidifying presence in the drone market, increasing Software and Services revenue, and appointing a new Managing Director for its MilGov business. Financially, revenue increased to $8.1 million in Q4 2023, with a gross margin of 46%. For full year 2023, revenue was $27.5 million with a gross margin of 51%. Net loss improved to $(9.1) million in 2023. EBITDA totaled $(9.0) million, and cash and short-term investments were $14.2 million at the end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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Rhea-AI Summary
Abu Dhabi Autonomous Racing League (A2RL) series, powered by Vislink Technologies, Inc. and Focal Point VR , revolutionizes motorsport entertainment with immersive technology. The partnership aims to redefine fan experience by merging virtual reality with wireless video transmission. The series kicks off on April 27th, 2024, at Yas Marina Circuit, featuring AI-driven Super Formula cars competing for a $2.25 million prize pool.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.95%
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none
Rhea-AI Summary
Vislink Technologies, Inc. to discuss financial results for Q4 and full year 2023 in upcoming conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
conferences earnings
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Rhea-AI Summary
Vislink Technologies, Inc. appoints Adrian Lambert as Vice President of Marketing to drive strategic initiatives for ambitious growth plans. Lambert brings over 20 years of experience in scaling technology companies and has a strong track record in the media technology sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
management
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Rhea-AI Summary
Vislink Technologies, Inc. announced the grant of 12,123 restricted stock units to Adrian Lambert as an inducement to become Vice President, Marketing. The RSUs are time-based and performance-based, with the performance-based portion subject to specific metrics set by the Board of Directors. Vesting occurs over three years, contingent on Mr. Lambert's continued employment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
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none
Rhea-AI Summary
Vislink Technologies, Inc. announced the granting of 29,055 restricted stock units (RSUs) to Michael Bond as an inducement for becoming the Chief Financial Officer. The RSUs are time-based and performance-based, with 9,406 time-based RSUs vesting over two years and the performance-based RSUs vesting based on specified revenue metrics by December 31, 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Vislink Technologies, Inc. celebrates 20 years of partnership with DORNA SPORTS S.L. as the official RF Systems supplier to bring seamless live track footage of MotoGP™ bikes to over 400 million viewers worldwide. The company has been instrumental in delivering innovative, reliable live broadcasting capabilities to capture the speed and passion intrinsic to the sport, including technological breakthroughs such as the world's first-ever private standalone 5G network for sports broadcasting and new camera angles to enhance the viewer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.82%
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none
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Rhea-AI Summary
Vislink Technologies, Inc. (VISL) announced the grant of 60,664 restricted stock units (RSUs) to Christopher K. DeSalvo, the new Chief Financial Officer and Operations Vice President. The RSUs are time-based and performance-based, with 50% vesting over three years and the remaining 50% tied to specified performance metrics. This grant is an inducement for Mr. DeSalvo's employment with Vislink, in accordance with Nasdaq Listing Rule 5635(c)(4).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Vislink Technologies, Inc. (VISL) appoints Christopher DeSalvo as CFO and VP of Operations, aiming to leverage his financial and operational expertise to drive growth and efficiency. The transition from Paul Norridge to VP of Finance reflects a mutually agreed plan for a smooth transition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.62%
Tags
management
Vislink Technologies Inc

Nasdaq:VISL

VISL Rankings

VISL Stock Data

8.14M
1.92M
9.58%
8.44%
2.51%
Other Communications Equipment Manufacturing
Manufacturing
Link
US
Sarasota

About VISL

at vislink, our mission is to ensure our customers capture and deliver unique and compelling live video content and secure a competitive edge. #betherenow the vislink group is a global technology business specialising in the collection and delivery of high quality video and associated data from the field to the point of usage. vislink provides solutions to the broadcast market for the collection of live news, sport and entertainment events and to the surveillance market including defence, law enforcement and public safety customers. with offices in the uk, usa, australia, uae, south africa and singapore, vislink employs over 250 people worldwide. our solutions include the design and manufacture of microwave radio, satellite transmission, cellular and wireless camera systems; our development and manufacturing operations are in the uk and the usa. vislink is the trading name of imt ltd, a wholly owned subsidiary of xg technology inc.