Englewood, Colo., Nov. 12, 2013 ― Satellite operations and video delivery solutions provider EchoStar Corp. reported higher revenues for the quarter ended September 30, 2013 but higher expenses caused a drop in its net income for the period.
London, UK, Nov. 7, 2013 — Inmarsat plc reported today a drop in its revenues for the three months ended 30 September 2013 to US$ 306.9 million compared to $325 million during the same period last year. Inmarsat Global MSS revenues, however, grew slightly by 0.5% to US$ 187.6 million during the quarter compared to US$ 186.7 million during the same period last year. But Inmarsat Solutions revenues also dropped by 8.5% to US$ 188.3 million during the quarter from US$ 205.9 million during the same quarter last year.
El Segundo, Calif., Nov. 7, 2013 — DirecTV increased its third quarter 2013 revenues by 6% to US$ 7.88 billion, operating profit before depreciation and amortization (OPBDA) by 15% to US$ 1.93 billion, operating profit by 15% to US$ 1.23 billion, and earnings per share by 42% to US$ 1.28 exceeding financial analysts’ expectations.
Rochelle Park, NJ, Nov. 7, 2013 — Orbcomm Inc. said on Thursday total revenues increased 22.4% year-over year to US$ 19.7 million during the third quarter ending September 30, 2013, while service revenues increased 8.3% over the prior year period to US$13.8 million.
Rochelle Park, NJ, November 4, 2013--ORBCOMM Inc. a global provider of Machine-to-Machine (M2M) solutions, and Inmarsat, a provider of global mobile satellite communications services, today announced a strategic alliance to collaborate on joint product development and distribution to address the needs of the rapidly growing satellite M2M market. In addition, they will investigate opportunities for future satellite network expansion and integration.
Las Vegas, NV, Nov 4, 2013 — PSSI Global Services LLC (PSSI), a leader in satellite transmission and event management, has acquired New England Satellite (NES). The deal closed on November 1, 2013. Financial details of the acquisition were not revealed.
Paris, France, November 4, 2013 – According to Euroconsult's recently published research report, Satellites to be Built & Launched by 2022, World Market Survey , 115 satellites will be launched on average each year worldwide over the next 10 years (2013-2022). As several commercial and government constellations will be launched into low earth orbit (LEO) in the coming years, up to 140 satellites per year are expected between 2015 and 2017, decelerating to 100 units afterwards.
Annapolis, Md., Nov. 1, 2013 — TeleCommunication Systems, Inc. (TCS), a leader in highly reliable and secure mobile communication technology, reported on Thursday revenue of $96 million, up 3 percent from $92.8 million in the previous quarter but down 31 percent from $140.1 million in the third quarter of 2012.
Longmont, CO, Oct. 31, 2013 — Global provider of high-resolution earth imagery solutions, DigitalGlobe, Inc., reported third quarter 2013 revenue of US$ 164.8 million, a 54 percent increase compared with the same period last year. Despite the big rise in revenue, the company reported a net loss of $1.8 million and a net loss available to common shareholders of US$ 2.8 million.
Mclean, Va., Oct. 31, 2013 — Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.