Haivision Systems (TSE:HAI) Releases Earnings Results

Haivision Systems (TSE:HAI) announced its quarterly earnings data on Thursday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. Haivision Systems had a net margin of 0.08% and a return on equity of 0.12%. The firm had revenue of C$35.23 million during the quarter.

Haivision Systems Trading Down 17.1%

TSE HAI opened at C$8.00 on Friday. Haivision Systems has a 1 year low of C$3.67 and a 1 year high of C$10.40. The company has a debt-to-equity ratio of 10.23, a current ratio of 1.55 and a quick ratio of 0.85. The company has a market capitalization of C$217.54 million, a PE ratio of -139.60 and a beta of 0.43. The company has a fifty day moving average of C$8.28 and a 200 day moving average of C$6.20.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their target price on Haivision Systems from C$8.00 to C$12.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$7.38.

Haivision Systems Company Profile

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption.