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Vislink Technologies develops systems for capturing, transmitting, managing, and distributing high-quality live video and associated data. Company news centers on real-time video communications for defense, public safety, law enforcement, broadcast, and media and entertainment customers, including airborne video downlink systems, RF transmission, bonded cellular, 5G, cloud-based control, and AI-driven technologies.
Recurring updates include government and defense contracts, public safety deployments, product launches such as Aero5, MeshConnect, and LinkMatrix enhancements, and financial results tied to the company’s shift toward higher-margin military and government markets. News also covers leadership changes, operational efficiency initiatives, and demand trends across legacy broadcast and newer secure live-video applications.
Vislink Technologies, Inc. (Nasdaq: VISL) reported a first quarter revenue of $5.4 million, down from $8.2 million in Q1 2019. The net loss was $4.4 million, or $(0.09) per share, compared to a loss of $3.1 million, or $(1.62) per share, in the previous year. Gross margins decreased to 47% from 50% year-over-year. The company raised $6 million in capital and fulfilled key contracts, including a $2.8 million Army contract and received a $1.3 million European contract. New CEO Carleton Miller emphasized cost reductions and operational stability amidst COVID-19 challenges.
HACKETTSTOWN, NJ, May 20, 2020 - Vislink Technologies (NASDAQ: VISL) has postponed its Annual Meeting of Stockholders originally scheduled for May 22, 2020, to June 17, 2020, due to insufficient votes for a quorum. This delay is attributed to a predominantly retail shareholder base. The meeting will still occur via remote communication to ensure safety amid the COVID-19 pandemic. Vislink encourages shareholders to vote promptly through their proxy solicitor, Laurel Hill Advisory Group, at 888-742-1305.
Vislink Technologies (NASDAQ: VISL) has announced an adjournment of its Annual Meeting of Stockholders from May 8, 2020, to May 22, 2020, due to the COVID-19 pandemic. This decision aims to support the health of shareholders and ensure everyone can participate remotely. The Company emphasizes the importance of shareholder votes, urging prompt action. Assistance for proxy submission is provided through the Company’s proxy solicitor. Vislink is a leader in advanced communication solutions across various sectors, providing reliable connectivity in challenging environments.
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