Evertz Technologies Reports Q4 2026 Results: Full Earnings Call Transcript

Evertz Technologies (TSX: ET ) released fourth-quarter financial results and hosted an earnings call on Wednesday.

Read the complete transcript below.

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View the webcast at Summary Energy Transfer LP reported record annual sales of $515.8 million, with international revenues up 16% to $148 million.

Recurring software services revenue increased 8% to $240.7 million.

Net earnings for the year were $64.4 million, with a fully diluted earnings per share of $0.83.

The company maintained strong margin rates at 59.3%.

Operational highlights included winning awards at the National Association of Broadcasters Show and a strong presence in international markets, particularly Western Europe.

The company has a significant purchase order backlog of over $237 million, driven by increased global demand for video services and the transition to IP and cloud-based architectures.

Energy Transfer is optimistic about opportunities in the government and defense sectors, with recent partnerships and an office expansion in Colorado Springs.

Cash as of April 30 was $19.1 million, a decrease from the previous year due to significant dividend distributions.

The company declared a regular quarterly dividend of 20.5 cents per share, payable in July.

Management expressed confidence in maintaining margins despite component cost challenges and highlighted strategic investments in US manufacturing capacity.

Full Transcript OPERATOR Good afternoon, ladies and gentlemen, and welcome to the Energy Transfer LP Q4 Investor Conference Call.

At this time, all lines are in listen-only mode.

Following the presentation, we will conduct a question and answer session.

If at any time during this call you require immediate assistance, please press *0 for the operator.

This call is being recorded on June 24, 2026.

I would like to turn the conference over to Brian Campbell, Executive Vice President of Business Development.

Please go ahead.

Brian Campbell, Executive Vice President of Business Development Thank you, John.

Good afternoon, everyone, and welcome to Energy Transfer LP's conference call for our 2026 fourth quarter and year ended April 30th, with Doug Moore, Energy Transfer's Chief Financial Officer, and myself, Brian Campbell.

Please note that our financial press release and MDA will be available on SEDAR and on the company's investor website.

Doug and I will comment on the financial results and then open the call to your questions.

Turning now to Energy Transfer's results, I'll begin by providing a few highlights and then Doug will provide additional details.

First off, we had record annual sales in excess of a half a billion dollars, coming in at 515.8 million for the year.

This includes revenue in the international region of 148 million, up 16% from the prior year.

Recurring software services and other software revenue increased 8% year over year, totaling 240.7 million.

Margin rates remain consistently strong, coming in at 59.3% versus 59.5% prior year and 58.8% two years ago.

Total margin dollars were 306 million.

Net earnings were at 64.4 million, resulting in a fully diluted earnings per share of 83 cents.

Our sales base is well diversified with the top 10 customers accounting for approximately 44% of sales, with no single customer accounting for more than 10% on a full-year basis.

In fact, we had 87 customer orders of over $200,000.

Turning to the fourth quarter, sales were up 3% year over year to 131.6 million.

Recurring software services and other software was 65.8 million, an increase of 17% from the prior year.