Evertz
Evertz Technologies Ltd., a publicly owned Canadian company founded in 1966, supplies telecommunications equipment and technology to the television broadcast and new media sectors. Employing approximately 1360 people, the company's products are used in the production, post-production, and transmission of television content. Evertz serves content creators, broadcasters, and service providers, focusing on solutions for multi-channel digital and high-definition television, as well as next-generation internet protocol environments. In 2023, the company's revenue was less than $500 million.

2023 Revenue

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Founded

1966

Headcount

1,355

Headquarters

Canada

Primary Segment

Live production

Ownership

Publicly Owned

Deployments

39

News Summary:

Evertz Technologies Limited reported record quarterly revenue of $137 million for the third quarter ended January 31, 2025, a 9% increase from the previous quarter. Earnings from operations reached $28.1 million, an 8% increase year-over-year. Net earnings were $21.1 million, resulting in fully diluted earnings per share of $0.27. The company declared a regular quarterly dividend of $0.20 per share. Working capital totaled $207.9 million, and cash and cash equivalents amounted to $96.3 million. On March 3, 2025, Evertz collaborated with Mediaset S.p.A. to launch Mediaset's next-generation channel origination and playout solution. In January 2025, EvertzAV participated in Integrated Systems Europe (ISE) 2025, showcasing Enterprise Broadcast solutions. Record also chose evertz.io to transition playout to the cloud.

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Evertz offers 16 products in the media tech industry. Evertz's product portfolio comprises of video processing and playout, live production, connectivity infrastructure, audio and content supply chain.
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Evertz's revenues were $381.2M in 2023. Caretta Research has split Evertz's revenue into 17 different product categories, the largest of which is video infrastructure and routing, which represents 32% of Evertz's revenue.
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Evertz's customers primarily consist of broadcast television and radio, entertainment Providers and connectivity and distribution services companies. Examples of Evertz's customers include Lumen Technologies, Paramount Global and NBCUniversal. Evertz has commercial and technical partners like Lumen Technologies, TAG Video Systems and Netgear. Examples of Evertz's suppliers include CIS Group and MainConcept.

Example Customers

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Example Partners

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