Vecima Networks Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was CAD 61.95 million compared to CAD 76.21 million a year ago. Net income was CAD 3.59 million compared to CAD 8.14 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.35 a year ago. Diluted earnings per share from continuing operations was CAD 0.15 compared to CAD 0.35 a year ago.
For the six months, sales was CAD 123.43 million compared to CAD 149.66 million a year ago. Net income was CAD 5.33 million compared to CAD 17.65 million a year ago. Basic earnings per share from continuing operations was CAD 0.22 compared to CAD 0.76 a year ago. Diluted earnings per share from continuing operations was CAD 0.22 compared to CAD 0.76 a year ago.