News Analysis

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.

AT&T Closes DirecTV Acquisition

Dallas, Tex., July 24, 2015--AT&T said it has officially closed on its (NYSE: T) US$ 49 billion acquisition of DirecTV (NASDAQ: DTV) following the US' Federal Communications Commission's  approval of the transaction. The newly combined company will become  the largest Pay TV provider in the United States and the world.

Technicolor to Acquire Cisco's STB business for €550m

Paris, France, July 23, 2015--Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million in a cash and stock transaction. The acquisition includes all of Cisco’s cable modem and set-top box businesses.