Vecima Networks Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was CAD 61.48 million compared to CAD 73.45 million a year ago. Net income was CAD 1.75 million compared to CAD 9.51 million a year ago.

Basic earnings per share from continuing operations was CAD 0.07 compared to CAD 0.41 a year ago. Diluted earnings per share from continuing operations was CAD 0.07 compared to CAD 0.41 a year ago.