Vislink Technologies Inc Stock Price, News & Analysis

Vislink (Nasdaq: VISL) announced the launch of its new AeroLink downlink solution, designed for live news and sports coverage. Showcased at NAB 2022, AeroLink supports real-time connectivity and 4K video quality, aimed at enhancing broadcasting capabilities. It features bi-directional data transmission and integrates with other Vislink systems. The solution is now available for pre-ordering, targeting public safety operations and media professionals.

Vislink (Nasdaq: VISL) has announced a partnership with Hitachi Kokusai Electric Comark LLC, designating COMARK as an authorized reseller and integrator for its video solutions in NextGenTV deployments. This collaboration aims to enhance the North American broadcast DTV market, focusing on the migration from ATSC 1.0 to 3.0. COMARK will provide Vislink's ATSC 3.0 ready video microwave system, IPLink 3.0, facilitating a smooth transition to IP-centric architecture. The partnership leverages COMARK's extensive industry experience and aims to deliver innovative broadcasting solutions.

Vislink (Nasdaq: VISL) is set to showcase its new Quantum-Link Matrix System at NAB 2022 in Las Vegas, from April 23-27. This innovative solution integrates COFDM wireless camera systems and bonded cellular/5G roaming camera systems, streamlining content capture for live events. CEO Mickey Miller emphasized the need for optimized workflows to enhance live video dissemination. The system allows users to manage multiple camera feeds and supports remote control functions, making it a significant advancement for broadcast and media professionals.

Vislink (Nasdaq: VISL) issued a correction to its March 31, 2022 earnings release, affecting the deferred tax liability from the acquisition of Mobile Viewpoint. This correction results in an increase in goodwill impairment. For the year ended December 31, 2021, the company reported revenue of $33.8 million, up from $22.9 million in 2020. Gross margins improved to 55.2%. However, the net loss attributable to shareholders was $16.4 million, or $(0.38) per share, a slight improvement from a $17.6 million loss in 2020. Non-recurring items accounted for $14.5 million of the loss.

Vislink (Nasdaq: VISL) reported a 48% increase in revenue for the year ended December 31, 2021, reaching $33.8 million compared to $22.9 million in 2020. The company recorded a net loss of $15.4 million or $(0.35) per share, an improvement from a loss of $(1.19) per share the previous year. Gross margins improved to 55.2% from 39.4%. Notably, Vislink ended the year with $36.2 million in cash and achieved positive cash flow for two consecutive quarters, exclusive of non-recurring items. The company expects to leverage growth opportunities in the sports and defense sectors.

Vislink (Nasdaq: VISL) announces it will release its full year 2021 earnings on March 31, 2022, after market close. A live video conference call to discuss the results will take place on April 1, 2022, at 10:00 a.m. ET, followed by a Q&A session. The earnings report will provide insights into the company's performance across its core sectors: media, entertainment, law enforcement, and defense. Investors can access the conference call through a provided link, with an archived replay available afterward.

Vislink (Nasdaq: VISL) is set to showcase its latest AI-driven remote production solutions at NAB 2022 in Las Vegas. Highlights include the IQ Sports Producer and VPilot systems, which streamline live sports and content production without on-site staff. With advanced AI action-tracking technology, these systems aim to reduce production costs while enhancing video quality. This innovation opens new revenue streams for content owners, allowing wider audience reach across various platforms. CEO Mickey Miller emphasizes the cost-effective opportunities for monetizing content through automated production.

Vislink (Nasdaq: VISL) has announced the launch of the AeroLink Transceiver, a new product within its Airborne Video Downlink System (AVDS). Debuting at the HAI HELI-EXPO 2022 in Dallas, this solution aims to enhance real-time video communications for public safety, military, and broadcast sectors. AeroLink offers features like secure, bi-directional workflows, versatile support for various networks including COFDM and 5G, and advanced AES encryption. Pre-orders are now available through Vislink and its partners.

Vislink (Nasdaq: VISL) will showcase its latest innovations in aerial-based video communications for public safety and broadcasting at the HAI HELI-EXPO 2022 in Dallas, TX, from March 7-10.

Key features include the Quantum Receiver integrated into the Airborne Video Downlink System (AVDS), enhancing capabilities for the MilGov sector. The AVDS allows for real-time video streaming through various networks, ensuring robust situational awareness and operational flexibility. CEO Mickey Miller highlighted the system's compatibility with existing aircraft platforms.