EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Vislink Reports Fourth Quarter and Full Year 2024 Financial and Operational Results Mt. Olive, NJ - May 2, 2025 - Vislink Technologies, Inc. (“Vislink” or the “Company”) (OTCQB: VISL ), a global technology leader in the capture, delivery, and management of high-quality live video and associated data in the media and entertainment, law enforcement, and defense markets, today reported results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 and Recent Company Highlights Received multimillion-dollar orders for high-reliability airborne video downlink system (AVDS) equipment. Strong order flow from municipal, regional, and national public safety and military organizations located in the U.S., Canada, and Europe. Initiated multimillion-dollar product shipments for use in emerging drone applications. Secured over $900,000 in recurring revenue through strategic Service Level Agreements (SLAs). Establishing a global service platform accelerates Vislink’s shift toward a sustainable, service-driven business model that will enhance customer retention while laying a strong foundation for pr…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
VISLINK TECHNOLOGIES INC
VISLOTCEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Conditions. On May 2, 2025, Vislink Technologies, Inc. (the “Company” or “Vislink”) issued a press release, a copy of which is furnished herewith as Exhibit 99.1, announcing the Company’s financial results for the quarter and year ended December 31, 2024 (the “Press Release”).…
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item
2.02 Results of Operations and Financial Conditions.
On
May 2, 2025, Vislink Technologies, Inc. (the “Company” or “Vislink”) issued a press release, a copy of which
is furnished herewith as Exhibit 99.1, announcing the Company’s financial results for the quarter and year ended December 31, 2024
(the “Press Release”).
The
information contained in Item 2.02 of this Current Report on Form 8-K, including the Press Release, shall not be deemed “filed”
for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section
or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. In addition, this information shall not be deemed incorporated
by reference into any of the Company’s filings with the Securities and Exchange Commission (the “SEC”), except as shall
be expressly set forth by specific reference in any such filing.
Cautionary
Note Regarding Forward-Looking Statements
Certain
statements in this communication and the Press Release are forward-looking statements that involve substantial risks and uncertainties
for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995.
The
Press Release contains forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harbor provided
by the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical fact included in the Press
Release, including those regarding the Company’s strategy, future operations, future financial position, effects of any contemplated
cost-savings measures, changes to its product offerings or changes to its lines of business, projected expenses, prospects, plans, objectives
of management, new product launches, expected contract values, and expected market opportunities across the Company’s operating
segments, the sufficiency of the Company’s capital resources to fund the Company’s operations and any statements regarding
future results are forward-looking statements. Vislink may not actually achieve the plans, carry out the intentions or meet the expectations
or projections disclosed in any forward-looking statements such as the foregoing and you should not place undue reliance on such forward-looking
statements. Such statements are based on management’s current expectations and involve risks and uncertainties, including those
discussed in Vislink’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on May
2, 2024.
The
statements made in this Current Report on Form 8-K and the Press Release speak only as of the date stated herein, and subsequent events
and developments may cause the Company’s expectations and beliefs to change. While the Company may elect to update these forward-looking
statements publicly at some point in the future, the Company specifically disclaims any obligation to do so, whether as a result of new
information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing
the Company’s views as of any date after the date stated herein.