News Analysis

ViaSat Beats Expectations, Exceeds US US$ 100 mil. Revenues in 2Q 2014

Carlsbad, Calif., Nov. 12, 2013 — Satellite and wireless networking systems provider ViaSat Inc. has reported a turnaround to profit in the second quarter fiscal 2014 after recording double-digit revenue increases across all business segments and notable gains in its defense, Internet and commercial satellite equipment businesses.

EchoStar Posts Higher Revenue But Lower Income in 3Q

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.

Inmarsat Report Drop in Revenues

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.

DirecTV Surpasses Analysts Expectations; Posts 6% Rise in Revenues to US $7.88 Bil.

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.

Orbcomm Revenues Rise 22.4% to $19.7-M in 3Q 2013

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.

ORBCOMM Inc. and Inmarsat Form a Strategic Alliance for the M2M Market

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.

PSSI Global Services Acquires New England Satellite

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.

Government & Industry to Combine for 1,150 Satellites Over Next Decade

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.

TeleCommunication Systems Nets US$ 96-M in Q3, Down 31 percent from 2012

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. 

DigitalGlobe Posts US$1.8 Mil. Loss Despite Revenue Rise of 54 percent to $164.8-M in 3Q

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.