Global Markets - Latest Developments


Longmont, Colorado, February 26, 2014

Satellite imaging company DigitalGlobe, Inc. reported today fourth quarter 2013 revenues of  US $169.7 million, a 35% increase compared with the same period last  year. Net income for the fourth quarter was US$ 15.1 million, with net income available to common  shareholders of US$ 13.6 million, or $0.18 per diluted share.

Fourth quarter 2013 EBITDA was US$ 73.5 million, driving an EBITDA margin of 43%. Excluding US$ 9.2 million of restructuring and  integration costs related to the combination with GeoEye yields Adjusted EBITDA of US$ 82.7 million, a  margin of 49%. 

Burbank, Calif.,  March 25, 2014

The Walt Disney Company announced that  they are acquiring Maker Studios, the leading network of online video content on YouTube. Maker Studios shareholders will receive total consideration of US$ 500 million, and a performance-linked earn-out of up to US$450 million if the strong performance targets are met, according to the company.

With more than 55,000 channels, 380 million subscribers and 5.5 billion views per month on YouTube, Maker is one of the top online video networks for Millennials.

Ottawa, Canada, February 24, 2014

For the year ended December 31, 2013, Telesat reported consolidated  revenues of CDN$ 897 million, an increase of approximately 6% (CDN$ 51 million)  compared to 2012. When adjusted for foreign exchange rate changes, revenue  increased by 5% (CDN$ 43 million) compared to 2012. The increase was mainly due  to revenue earned on the Nimiq 6 and Anik G1 satellites which entered into  commercial service in June 2012 and May 2013, respectively. The increase was  partially offset by a decrease in revenue earned on Nimiq 1 and Nimiq 2. 
 

Luxembourg, February 21, 2014

SES reported 2013 revenues of EUR 1.862 billion (approximately US$ 2.59 billion), an increase of 3.4% at constant foreign exchange rates (FX) over the prior year period; 5.9% when excluding the EUR 42.6 million of analogue revenue recorded in 2012. � 2013 EBITDA  was EUR 1.364 billion, an increase of 2.8% at constant FX over the prior year; 6.2% when excluding analogue revenue.

Englewood, Colo., February 21-2014

EchoStar Corporation today reported total revenue of US$ 808 million for the quarter ended December 31, 2013 compared to US$ 786 million for the corresponding period in 2012. Total revenue for the fiscal year ending December 31, 2013 was US $3.282 billion compared to US $3.122 billion for the corresponding period in 2012.

Luxembourg, February 20, 2014

ses-10.gifAirbus Defence and Space (formerly Astrium)  has won a contract with SES for the design and construction of the latest addition to its fleet, the SES-10 satellite which will be covering the Americas. The new satellite will be based on the Eurostar E3000 platform and will be equipped with a dual chemical and electrical propulsion system.

El Segundo, Calif., February 20, 2014

DIRECTV today reported that fourth quarter 2013 revenues increased 7% to US$ 8.59 billion, operating profit before depreciation and amortization (OPBDA) increased 6% to US$ 2.04 billion and operating profit increased 3% to US$1.33 billion compared to last year's fourth quarter. DIRECTV reported that fourth quarter net income declined to  and diluted earnings per share decreased to $1.53 compared with the same period last year.

Washington, D.C., February 20, 2014

Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended  December 31, 2013. The company reported adjusted diluted net income per  common share of $0.84 for the three months ended December 31, 2013. 

Singapore, February 20, 2014

With the ever increasing demand for mobile broadband anytime, anywhere, the explosive growth of Over-the-Top (OTT) content has accelerated rapidly with a staggering 352.4 million people expected to pay for access to OTT programming by 2016[1]. As Asian consumers continue to demand easily-accessible entertainment, OTT services such as pay TV are increasingly becoming a necessity in the region with revenues expected to grow to US$43.9 billion by 2018, according to a research report[2].

Dulles, Va., February 19, 2014

cygnus.gifOrbital Sciences Corporation completed today the first of eight CygnusTM operational cargo logistics spacecraft missions to the International Space Station (ISS) as part of the company’s US$ 1.9 billion Commercial Resupply Services (CRS) contract with NASA. The Cygnus spacecraft unberthed from the ISS yesterday morning at 6:41 a.m. (EST), completing a 37-day stay at the orbiting laboratory. Today, Cygnus reentered Earth’s atmosphere over the Pacific Ocean east of New Zealand at approximately 1:20 p.m. (EST).