VBS

VirTra Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
ERP, VBS, Hospital, Growth, STEP, Video game

CHANDLER, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2023. The financial statements are available on VirTra’s website and here.

Key Points: 
  • “2023 was a year of substantial transformation, which culminated in a strong fourth quarter with revenue of $10.1 million – our third double-digit million revenue quarter in 2023.
  • Operating income increased by $0.7 million to $2.6 million from $1.9 million in the fourth quarter of 2022.
  • Adjusted EBITDA, a non-GAAP metric, was $1.7 million, compared to $1.9 million in the fourth quarter of 2022.
  • “In the fourth quarter we continued to grow our revenue while making improvements to our profitability metrics,” said VirTra CFO Alanna Boudreau.

BISim™ announces VBS Builder Edition

Retrieved on: 
Wednesday, March 27, 2024
Bohemia Interactive, Agility, Environment, Partnership, 3D, AI, Military personnel, Human, Atmosphere, Safety, SDK, VBS, Defense, 3D printing

ORLANDO, Fla., March 27, 2024 /PRNewswire/ -- Bohemia Interactive Simulations (BISim™) today announced VBS Builder Edition. This full-featured simulation solution development platform makes it easier for systems integrators and developers of complex simulation solutions to build and deploy their capabilities faster and at lower costs to serve the critical needs of their defense customers in simulation, training, mission planning, mission rehearsal, and wargaming.

Key Points: 
  • "Using VBS Builder Edition, our partners are surprising us by integrating their solutions, such as high-fidelity vehicle and aircraft simulators, custom AI for training, and wargaming features with VBS.
  • KONGSBERG has been using the VBS Simulation SDK, a key feature of VBS Builder Edition, to develop a high-fidelity Remote Weapon Systems Training Simulation.
  • BISim's president, Rahul Thakkar, will present the VBS Builder Edition at DisTec ( https://www.itec.co.uk/distec ) at 11:00 am on 10 April 2024.
  • VBS Builder Edition demonstrations will run throughout IT2EC ( https://www.itec.co.uk ) at booth #B20 from 9 to 11 April 2024.

Vecima Reports Q2 Fiscal 2024 Results

Retrieved on: 
Wednesday, February 14, 2024
Technology, Audio, Video, Telecommunications, Software, Networks, Hardware, Carriers and Services, Diamond, Analysis, VBS, IPTV, HFC, RPD, NERO, SCTE, Emergency medical services, Blue Ridge Communications, CDS, Charter Communications, PON, DVR, DAA, CDN, Telematics, Adjustment, DOCSIS, Digital, Hertz, History, Certification, Generic access, GAP, Webcast, EPS, Bank statement, World Wide Web

Second quarter revenue of $62.0 million, compared to $76.2 million in Q2 fiscal 2023 and $61.5 million in Q1 fiscal 2024.

Key Points: 
  • Second quarter revenue of $62.0 million, compared to $76.2 million in Q2 fiscal 2023 and $61.5 million in Q1 fiscal 2024.
  • Gross profit of $29.6 million, compared to $36.0 million in Q2 fiscal 2023 and $28.8 million in Q1 fiscal 2024.
  • Adjusted EBITDA of $12.5 million, compared to $15.8 million in Q2 fiscal 2023 and $8.1 million in Q1 fiscal 2024.
  • Telematics segment sales grew approximately 7% to $1.6 million (Q2 fiscal 2023: $1.5 million; Q1 fiscal 2024: $1.6 million).

VirTra Debuts New Integration of VBS4 at I/ITSEC 2023 to Support Military Clients

Retrieved on: 
Wednesday, November 29, 2023
Firearm, Law enforcement, VBS, Organization, VOS, Military personnel, Bohemia Interactive

(Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, has debuted at the I/ITSEC 2023 its integration of VBS4 and BlueIG, offering added capability to its simulators.

Key Points: 
  • (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, has debuted at the I/ITSEC 2023 its integration of VBS4 and BlueIG, offering added capability to its simulators.
  • By integrating VBS4 into the VirTra Operating System (VOS), VirTra can provide military personnel with a rich, complex environment for training.
  • Starting in 2024, simulators with VBS4 integration will be made available to new customers, while existing VOS clients will have the option to upgrade their simulators.
  • We at BISim are proud to support VirTra with our VBS series of products, given their best-of-breed capability for marksmanship training and more.

Vecima Reports Q1 Fiscal 2024 Results

Retrieved on: 
Thursday, November 9, 2023
Software, Technology, Networks, Internet, Diamond, Vecima Networks, Adjustment, IPTV, Translation, CDN, Digital, CDS, VBS, RPD, Multi-service access node, HFC, SCTE, PON, Hertz, NERO, Bank statement, DOCSIS, USS Gallant (MSO-489), World Wide Web, Video, Growth, Blue Ridge Communications, EPS, Telematics, Partnership, Webcast, Analysis, OLT, DAA, Blue Ridge, Holding company, Security (finance), Cryptocurrency, Payment card, Beauty salon, Internet service provider, Cable television, Video game, Entra

The Video and Broadband Solutions segment contributed first quarter sales of $44.1 million, as compared to $61.0 million in Q1 fiscal 2023 and $57.0 million in Q4 fiscal 2023.

Key Points: 
  • The Video and Broadband Solutions segment contributed first quarter sales of $44.1 million, as compared to $61.0 million in Q1 fiscal 2023 and $57.0 million in Q4 fiscal 2023.
  • Commercial Video products contributed $5.3 million to first quarter VBS sales, as compared to $7.3 million in Q1 fiscal 2023 and $6.3 million in Q4 fiscal 2023.
  • CDS gross margin increased to 58.5%, from 54.5% in Q1 fiscal 2023 and 53.8% in Q4 fiscal 2023.
  • First quarter Telematics sales grew approximately 14% to $1.6 million, from $1.4 million in both Q1 fiscal 2023 and Q4 fiscal 2023.

Vecima Reports Full-Year and Q4 Fiscal 2023 Results

Retrieved on: 
Thursday, September 21, 2023
Technology, Mobile, Wireless, Telecommunications, Software, Networks, Hardware, Partnership, Super Bowl, DVR, DOCSIS, Vecima Networks, Bank statement, Passive optical network, PON, NERO, Belgium, DAA, QAM, Government, VOD, CDS, EBITDA, HFC, Analysis, Charter Communications, IPTV, RPD, Webcast, Growth, EPS, Digital, Cadent, VBS, Adjustment, Environment, USS Gallant (MSO-489), Deployment, Charter, Holding company, Bookkeeping, Security (finance), Music, Renewable energy, Television, Video game, Self storage, Cryptocurrency, Internet service provider, Cable television, Communications satellite, Fine chemical, Entra

3 Starting in Q4 fiscal 2019, we have changed our definition and calculation of Adjusted Earnings Per Share.

Key Points: 
  • 3 Starting in Q4 fiscal 2019, we have changed our definition and calculation of Adjusted Earnings Per Share.
  • “We decisively bested fiscal 2022’s already stellar performance, turning in the strongest results in Vecima’s history across both the top and bottom lines.
  • As a percentage of revenue, Q4 adjusted EBITDA increased to 20.0% from 18.5% in Q4 fiscal 2022.
  • Full-year adjusted EPS grew to a record $1.19 per share, from $0.41 in fiscal 2022; Q4 adjusted EPS grew to $0.25 per share, from $0.19 in Q4 fiscal 2022.

Vecima Reports Q3 Fiscal 2023 Results

Retrieved on: 
Thursday, May 11, 2023
Networks, Data Management, Audio, Video, Technology, Telecommunications, 2005 in television, Partnership, Super Bowl, DVR, Bank statement, NERO, Calendar, Earnings per share, DAA, Government, CDS, EBITDA, HFC, Access, IPTV, Charter Communications, RPD, Webcast, Growth, EPS, Digital, Cadent, VBS, Adjustment, USS Gallant (MSO-489), Holding company, Bookkeeping, Cryptocurrency, Renewable energy, Video game, Warehouse, Cable television, Tourism, Music, Vecima Networks, Entra

“Our Q3 results represent another new high watermark in sales after two straight years of rapid growth that have seen our run-rate revenues more than double.

Key Points: 
  • “Our Q3 results represent another new high watermark in sales after two straight years of rapid growth that have seen our run-rate revenues more than double.
  • We anticipate a strong finish to fiscal 2023, culminating in low double-digit year-over-year sales growth for this segment.
  • The dividend will be payable on June 19, 2023 to shareholders of record as at May 26, 2023.
  • The webcast will be available in real time at http://services.choruscall.ca/links/vecima2023q2.html and will be archived on the Vecima website at https://vecima.com/investor-relations/earnings-call-archive/

Vecima Reports Q2 Fiscal 2023 Results

Retrieved on: 
Thursday, February 9, 2023
Networks, Data Management, Audio, Video, Technology, Telecommunications, Bank statement, EPS, NERO, IPTV, DVR, Investment, VBS, QAM, EBITDA, DAA, Webcast, Earnings per share, USS Gallant (MSO-489), Passive optical network, Movement, Adjustment, Open, Growth, DAI, Digital, CDN, Holding company, Bookkeeping, Cryptocurrency, Renewable energy, Online shopping, Video game, Film industry, Cable television, Network equipment provider, Entra, Vecima Networks

Importantly this was also 4% growth over the high-water mark we achieved of 22.5% sequential growth in the first quarter of fiscal 2023,” said Sumit Kumar, President and CEO of Vecima.

Key Points: 
  • Importantly this was also 4% growth over the high-water mark we achieved of 22.5% sequential growth in the first quarter of fiscal 2023,” said Sumit Kumar, President and CEO of Vecima.
  • We entered Q2 anticipating level quarterly revenues as we rebalanced Entra orders following Q1’s exceptionally strong deliveries across our DAA portfolio.
  • The dividend will be payable on March 27, 2023 to shareholders of record as at February 24, 2023.
  • The webcast will be available in real time at http://services.choruscall.ca/links/vecima2023q2.html and will be archived on the Vecima website at https://vecima.com/investor-relations/earnings-call-archive/

Viviota Joins ASAM Signaling Expansion in the Automotive Sector

Retrieved on: 
Monday, December 12, 2022
LabVIEW, SQL, TTI, ASAM, Software, Python, MS, Japan, Automation, NI, Engineering, Marketing, VBS, Tableau, MATLAB, Organization

By being a recognized supporter of the ASAM standards, customers can be assured that Viviota analytics management software is designed for easy integration into their analytics workflows.

Key Points: 
  • By being a recognized supporter of the ASAM standards, customers can be assured that Viviota analytics management software is designed for easy integration into their analytics workflows.
  • "By offering advanced analytics for engineers including anomaly detection, data transformation, deep search capabilities, and integration with popular engineering analysis tools, Viviota helps ASAM users modernize existing ASAM implementations to increase efficacy and performance."
  • Viviota Time-to-Insight (TTI) software can automate and speed up the performance of data analytics stored in ASAM ODS (Open Data Services) databases today.
  • Viviota plans to be an active ASAM member contributing industry expertise in solving complex data issues that can slow innovation.

79% of B2B Companies Neglect Customer Success Enablement, Despite Increased Focus on Customer Retention During Economic Slowdown

Retrieved on: 
Thursday, October 27, 2022
Time, Intention, Software as a service, Growth, VBS, CRM, CRO, Organization, Marketing, PepsiCo, Solution, Sealed Air, Technology, Research, Comscore, CEO, AES, Program, ROI, Company, Customer success, Pressure, Sales, Online shopping, Brightcove, Mediafly

CHICAGO, Oct. 27, 2022 /PRNewswire/ -- Mediafly, the leading Revenue Enablement platform, and RevOps Squared, a SaaS benchmark firm, today unveiled findings showing that while 58% of organizations have a Sales Enablement presence, only 21% include Customer Success in their strategy and just 10% extend support to Marketing teams. As companies face increasing pressure to retain customers and grow in this challenging economic environment, there is a significant opportunity to expand enablement to complete revenue teams, improving customer experience across every touchpoint, from research to onboarding, support to expansion. 

Key Points: 
  • Sales enablement is present in a majority of companies, yet most lack the tools to scale.
  • Faster ramp time leads to higher average contract values, yet nearly one-third of companies do not measure ramp time.
  • Innovative companies are transitioning from traditional sales enablement to full-scale revenue enablement.
  • Yet, only 27% of companies deploy guided selling, and just 14% of companies use stage-by-stage conversion rates as sales enablement requirement signals.