Vislink Reports Full Year 2021 Financial Results
Mt. Olive, NJ, March 31, 2022 (GLOBE NEWSWIRE) -- Vislink (Nasdaq: VISL), a global technology leader in the capture, delivery and management of high quality, live video and associated data in the media & entertainment, law enforcement and defense markets, announced its results for the year ended December 31, 2021. Company management will host a live video conference call to discuss its 2021 results on Friday, April 1, 2022, at 10:00 a.m. Eastern (9:00 a.m. Central) which will be followed by Q&A. The conference call will be accessible at the following link: https://marketscale.com/live/vislink/. An archived replay will be made available following the conclusion of the call.
- Company management will host a live video conference call to discuss its 2021 results on Friday, April 1, 2022, at 10:00 a.m. Eastern (9:00 a.m. Central) which will be followed by Q&A.
- For the year ended December 31, 2021, revenue was $33.8 million, compared to $22.9 million for the year ended December 31, 2020.
- Gross margins were 55.2% of revenue for the year ended December 31, 2021, compared to 39.4% of revenue for the year ended December 31, 2020.
- We are pleased to report that revenues for the full year 2021 were 48% higher than in the previous year, said Mickey Miller, CEO of Vislink.