September 13, 2012 / 5:53 PM / in 5 years

Evertz Technologies profit rises on international sales

(Reuters) - Canadian broadcast equipment maker Evertz Technologies Ltd ET.TO reported a 41 percent rise in quarterly profit on higher international sales.

First-quarter net income rose to C$24.8 million, or 34 Canadian cents per share, from C$17.6 million, or 23 Canadian cents per share, a year earlier.

Revenue for the Burlington, Ontario-based company jumped 28 percent to C$96 million.

International revenue rose 23 percent to C$36.6 million.

Evertz’s purchase order backlog at the end of August was more than C$40 million.

The company’s shares were up 2.6 percent at C$13.88 in afternoon trade on the Toronto Stock Exchange on Thursday.

Reporting by Maneesha Tiwari in Bangalore; Editing by Sriraj Kalluvila

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below