Videndum (LON:VID) Posts Earnings Results

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

Videndum Stock Up 5.6%

VID traded up GBX 20 on Thursday, hitting GBX 380. The company had a trading volume of 40,021 shares, compared to its average volume of 7,810. The stock has a fifty day moving average price of GBX 1,791.10 and a 200-day moving average price of GBX 5,048.53. Videndum has a 12-month low of GBX 330 and a 12-month 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. The stock has a market capitalization of £393.73 million, a price-to-earnings ratio of -2.32 and a beta of 0.07.

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.