News Analysis

Norsat’s Revenues up 9% in 1st Q 2014

Vancouver, British Columbia – May 7, 2014 — Norsat International Inc., a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today reported financial results for the first quarter ended March 31, 2014.   Total sales were US$ 9.1 million, compared to US$ 8.4 million in Q1 2013.

DIRECTV Reports 1st Quarter 2014 Revenues Increased 4% to US$ 7.86 billion

El Segundo, Calif., May 6, 2014--DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

ITC Global Marks First Quarter by Closing over US$ 30 million in New Service Contracts

Houston, Tex., May 6, 2014 – ITC Global, a provider of satellite communications to remote and harsh environments announced today that it completed a successful first quarter 2014, signing over US$ 30 million in new long-term service contracts.  The sales come from several new customers, as well as renewals and upgrades from existing clients. The first three months of the year also marked the successful deployment of 27 custom networks for clients across all three of the company’s primary markets – energy, mining, and maritime.  

The May 2014 issue of the Satellite Executive Briefing magazine

The May 2014  issue focusing on the African Satellite Market of  the  Satellite Executive Briefing magazine  sponsored by  Amos Spacecom is now available.  Featuring:

Opportunities and Challenges in the African Satellite Market  by Virgil Labrador

OTT and 4K Going Mainstream by Elisabeth Tweedie

Satellite and the New TV Landscape by Marc Welinski

How Satellite Service Providers Make Complexity Pay Off  by Robert Bell

Future Success of the Oil and Gas Industry to Turn to Satelltie Communications Solutions by Martin Jarrold

plus News Analysis, Market Briefs, Executive Moves, Vital Statistics and Satellite Markets and Research 25TM Stock Index  and many more.  Click here to read or download the file

 

 

 

Telesat Reports consolidated 1st Quarter Revenue of CDN$ 242 million, an increase of 11%

Ottawa, Canada, May 1, 2014--For the quarter ended March 31, 2014, satellite operator Telesat reported consolidated revenue of CDN$ 242 million, an increase of 11% (CDN$ 23 million) compared to the same period  in 2013.

Intelsat 1st Quarter Results in Line with Guidance

Washington, D.C., May 1 2014--Intelsat S.A. today reported total revenue of US$ 628.9 million and net income attributable to Intelsat S.A. of US$ 81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014.  The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.

Orbital and ATK’s Aerospace and Defense Groups to Combine in US$ 5 Billion Merger

Dulles, Va., April 29, 2014- Orbital Sciences Corporation today announced that it has entered into a definitive agreement with Alliant Techsystems (ATK), which will combine Orbital and ATK’s Aerospace and Defense (A&D) Groups to create a US$ 4.5 billion (combined calendar year 2013 annual revenue), 13,000-person space, defense and aviation systems developer and manufacturer.

Orbital Reports Record Free Cash Flow in 1st Quarter 2014

Dulles, VA,  April 17, 2014 – Orbital Sciences Corporation today reported its financial results for the first quarter of 2014.  First quarter 2014 revenues were US$ 323.3 million, compared to US$ 334.8 million in the first quarter of 2013.  First quarter 2014 operating income was US$ 23.0 million, or 7.1% operating margin, compared to US$ 31.1 million, or 9.3% operating margin, in the first quarter of 2013.

HISPASAT Launches 4KTV Channel, Annouces Major Contracts at NAB 2014

Las Vegas, Nevada, April 9, 2014--Spain-based operator HISPASAT launched its new 4KTV channel for te Americas at the NAB in Las Vegas.  HISPASAT, The channel dubbed  “HISPASAT 4K”  will be aired unencrypted from the Amazonas satellite 3 to its coverage area of Central and North America.

Imagine Communications Acquires Digital Rapids

Las Vegas, Nevada, April 8, 2014--Imagine Communications, today announced at the NAB in Las Vegas, the acquisition of Digital Rapids, an IP and file-based media processing solutions company.