Globecomm Reports 35.5% Increase in Revenue in Fiscal 2012 2nd Quarter

Hauppage, NY, February 8, 2012--Globecomm reported fiscal 2012 second quarter revenues increasing by 35.5% to a record US$95.2 million as compared to US $70.2 million in the same period last year. Revenues from service increased 15.6% to a record $54.7 million, as compared to $47.3 million in the same period last year. The increase in service revenue was primarily driven by the company’s acquisition of ComSource, completed on April 2011, which contributed $6.4 million, coupled with an increase in scope on a major government program in the Middle East.