Vecima Networks (VNWTF) Expected to Release Earnings on Thursday

Vecima Networks (OTCMKTS:VNWTF) is projected to issue its results before the market opens on Thursday, November 12th. Analysts expect Vecima Networks to announce earnings of $0.2154 per share and revenue of $67.11 million for the quarter.

Vecima Networks Stock Performance

OTCMKTS:VNWTF opened at $9.49 on Thursday. Vecima Networks has a 1 year low of $6.59 and a 1 year high of $10.38. The stock has a fifty day moving average price of $9.16 and a two-hundred day moving average price of $9.05.

Wall Street Analysts Forecast Growth

Separately, B. Riley Financial reiterated a “buy” rating on shares of Vecima Networks in a research report on Friday, September 25th. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, Vecima Networks presently has an average rating of “Buy”.

Vecima Networks Company Profile

Vecima Networks Inc is a Canadian technology company that develops broadband access, network infrastructure and video delivery solutions for communications service providers. Its products are designed to help operators deliver high-speed internet, video and other digital services over cable, fiber and wireless networks.

The company’s portfolio includes the Entra broadband access platform, which supports network architectures such as distributed access and fiber-based connectivity. Vecima also provides equipment and software used in video and content delivery, including solutions that help service providers manage, transport and distribute digital programming across their networks.

Founded in 1988, Vecima is headquartered in Victoria, British Columbia, Canada, and serves cable, telecommunications and other broadband operators in markets around the world.