News Analysis

ViaSat Nets $1.9M, Posts Record US$ 1.1 B in revenues

Carlsbad, Caliif., May 16, 2013--ViaSat Inc., a provider of satellite and other wireless networking systems and services, earned profits of US$ 1.9 million in its fiscal fourth quarter after a boost from new contracts.

KVH Industries Acquires Headland Media

Middletown, RI, May 13, 2013 – KVH Industries, Inc. announced that it has acquired Headland Media Limited, a UK-based media and entertainment services company. Headland Media is a provider of commercially licensed news, sports, movies, and music content that they sell in the maritime, hotel, and retail markets.

Intelsat Reports Reveneues of US$ 655 mil. and Net Loss of US $7.8 mil. in 1Q 2013

Washington, D.C., May 9, 2013 — Intelsat S.A. reported revenues of US$ 655.1 million and a net loss of US$ 7.8 million, or $0.09 per share, during the first quarter of 2013.  Intelsat also reported an EBITDA or earnings before net interest, taxes and depreciation and amortization, of US$ 496.8 million, and Adjusted EBITDA1 of US$ 505.8 million, or 77 percent of revenue, for the first quarter. The company said it has contracted backlog amounting to $10.4 billion at the end of the quarter.

DigitalGlobe Revenues up 47% to $127M, Suffers $60.6M loss in 1Q 2013

Longmont, Colo., May 8, 2013--DigitalGlobe, Inc. has reported first-quarter loss of $60.6 million or $0.96 per share, compared to a profit of $3.8 million or $0.08 per share in the same period last year. First quarter 2013 revenue increased 47 percent to $127.6 million, although it disappointed analysts who expected revenues of up to $136.80 million.

DirecTV revenues up 8% to $7.6B, adds 0.607 M subscribers in 1Q 2013

El Segundo, Calif., May 7, 2013 —DirecTV increased its first quarter 2013 revenues by 8 percent to $7.58 billion beating analysts expectations, although net income was down $690 million or $1.20 per share compared to $731 million or $1.07 per share a year ago.

Telesat Revenues Up in 1Q

Ottawa, Canada,  May 3, 2013 — Telesat Holdings Inc.’s first-quarter revenues increased by 12 percent year-over-year to US$217 million (CAD 219 million) while EBITDA increased 12 percent to US$ 168 million (CAD 170 million).

Iridium Posts Higher Net Income but Revenues Drop 5% in 1Q

McLean, VA., May 2, 2013 — Iridium Communications Inc. on Friday reported a net income of $14.9 million, or $0.17 per diluted share, for the first quarter of 2013 compared to $12.4 million, or $0.16 per diluted share, for the first quarter of 2012. Operational EBITDA for the first quarter was $46.8 million compared to $43.9 million for the prior-year period, representing year-over-year growth of 7 percent and an OEBITDA margin of 53 percent.

Dish's Ergen Gambles on US$ 25 Bil. Bid for Sprint

by Peter Galace

Englewood, Colo., April 19, 2013 -- Dish Network Corp. chairman Charlie Ergen is gambling big time again. He has just upped the ante on the bidding game for Sprint Nextel, the third-largest U.S. wireless carrier, to US$25.5 billion in an effort to elbow out Japan’s SoftBank US$20.1 billion offer. The move is a big Blackjack gamble that Ergen is used to but the deal is rife with danger. Even if Ergen wins this bet, it could end into a pyrrhic victory and bring Dish to the edge.  

Satellite Leads the Latin American Pay TV Charge

London, UK, April 18, 2013--After a slow start, digital TV penetration is about to rocket in Latin America – from less than a third of homes at end-2012 to nearly 45% by end-2013 and onto 84% by 2018, according to a new report from Digital TV Research. To put it another way, 100 million digital TV households (in the 19 countries covered in the Digital TV Latin America report) will be added between 2011 and 2018 to take the total to 134 million.

C-COM Reports Increased Revenue and Profits in Its First Quarter

Ottawa, Canada, April 16, 2013--C-COM Satellite Systems Inc., a global provider of mobile auto-deploying satellite antenna systems, today announced financial results for its first quarter ending February 28, 2013.Revenues have increased by 50% to $3,929,630 compared with results from the same period last year, when total revenues were $2,611,986. The company is reporting a net income of $907,301, or 0.3 cent per share, compared with results for the same period last year when there was a net income of $283,659, or 0.1 cent per share.