France's Vantiva Q3 revenue falls 7.3% on weaker Americas demand
Overview
France technology equipment maker's Q3 revenue fell 7.3% yr/yr, mainly on weaker Americas demand
Broadband revenue dropped 15.1% yr/yr, while video revenue rose 25.2% in Q3
Company maintained guidance for positive free cash flow in 2026
Outlook
Vantiva maintains full-year 2026 guidance for positive free cash flow
Company expects a more normalized sales mix in Q4 2026
Vantiva says operating environment remains uncertain, citing component pricing and supply chain dynamics
Result Drivers
AMERICAS DEMAND - Co said Q3 revenue decline was mainly due to softer demand in the Americas, citing ongoing product transition and lower capex by network operators
BROADBAND WEAKNESS - Broadband revenues fell 15.1% in Q3, which the co attributed to lower demand in the Americas and product transition effects
EURASIA AND VIDEO GROWTH - Growth in Eurasia and higher video-product deliveries to a key customer partly offset declines, with price increases also contributing
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | EUR 436 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the entertainment production peer group is "buy."
Wall Street's median 12-month price target for Vantiva SA is €0.09, about 9.1% above its October 27 closing price of €0.08
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)