Videndum (LON:VID) Announces Quarterly Earnings Results

Videndum (LON:VID) announced its quarterly earnings data on Tuesday. The company reported GBX (28,460) EPS for the quarter, Digital Look Earnings reports. The business had revenue of £228.30 million for the quarter. Videndum had a negative net margin of 63.21% and a negative return on equity of 211.72%.

Videndum Stock Performance

Shares of Videndum stock traded up GBX 20 during trading on Thursday, hitting GBX 380. 40,021 shares of the company’s stock were exchanged, compared to its average volume of 7,810. The stock has a market capitalization of £393.73 million, a price-to-earnings ratio of -2.32 and a beta of 0.07. The business has a 50-day simple moving average of GBX 1,791.10 and a 200-day simple moving average of GBX 5,048.53. Videndum has a 52-week low of GBX 330 and a 52-week high of £295.06. The company has a debt-to-equity ratio of 325.00, a quick ratio of 0.68 and a current ratio of 1.61.

Videndum Company Profile

Videndum (formerly known as The Vitec Group plc) is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.

Videndum’s customers include broadcasters, film studios, production and rental companies, photographers, independent content creators, vloggers, influencers, gamers, professional sounds crews and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags, backgrounds and motion control, audio capture and noise reduction equipment.