News Analysis

DISH Reports Increases in Net Income in 2Q 2015

Englewood, Colo., August 6, 2015 – EchoStar Corporation (NASDAQ: SATS) today reported total revenue of US$ 794 million for the quarter ended June 30, 2015 compared to US$ 880 million for the corresponding period in 2014.  Net income attributable to EchoStar common stock was US$ 33.9 million and diluted earnings per share was $0.36 for the quarter ended June 30, 2015, compared with net income attributable to EchoStar common stock of US $33.8 million and diluted earnings per share of $0.36 during the corresponding period in 2014.

Rockwell Collins Acquires International Communications Group

Cedar Rapids, Iowa, August 6, 2015--Rockwell Collins has acquired Newport News, Virginia-based International Communications Group (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry.

Orbital ATK Reports Revenue of US$ 1.13 Billion in Second Quarter 2015

Dulles, Va, August 6, 2015--Orbital ATK, Inc. (NYSE: OA) today announced both GAAP and adjusted financial results for the second calendar quarter ended July 5, 2015. Orbital ATK reported GAAP revenues of US$ 1,130 million for the second quarter of 2015 compared to US$ 714 million in the same quarter in 2014.

Revenues Up 10% in Second Quarter 2015 for KVH

Middletown, R.I., August 4, 2015--KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the second quarter ended June 30, 2015 today.  Overall revenues grew 10% to US$ 44.9 million (consensus $44.0 million), reflecting service growth of 35% (organic growth of 6%) and a 14.5% decline in hardware revenues (largely defense-related). 

Northgate Capital Acquires Majority Stake in Elara Communications

Mexico City, August 3, 2015- Private equity fund manager Northgate Capital has acquired a majority stake in Elara Comunicaciones, S.A.P.I. de C.V. through a transaction in which Northgate will invest up to US$ 38 million in both primary and secondary transactions.

Foreign Exchange Rates Affect Telesat Revenues in 2Q 2015

Ottawa, Canada, July 30, 2015--For the quarter ended June 30, 2015, Telesat reported consolidated revenue of CDN$ 227 million, an increase of CDN$ 1 million compared to the same period in 2014. During the quarter, the U.S. dollar was 13% stronger than it was during the second quarter of 2014, resulting in a positive impact on the conversion of U.S. dollar denominated revenue and a negative impact on the conversion of U.S. dollar denominated expenses.

Iridium Announces Second-Quarter 2015 Results; Updates 2015 and Long-Range Outlook

McLean, Va., July 30, 2015--Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2015 and updated its full-year 2015 and long-range outlook. Net income was US$ 26.0 million, or US$ 0.21 per diluted share, for the second quarter of 2015, as compared to US$ 15.0 million, or US$ 0.14 per diluted share, for the second quarter of 2014.

Revenues are Up at Intelsat

Tyson's Corner, Va., July 30, 2015--Intelsat S.A. (NYSE: I) today reported total revenue of US$ 598.1 million and net income attributable to Intelsat S.A. of US$ 60.2 million, or US$ 0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common shareof $0.70 for the three months ended June 30, 2015.

Global Business Delivering Growth for SES

Betzdorf, Luxembourg, July 24, 2015–SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.