News Analysis

Washington, D.C., February 18, 2015--Intelsat S.A. (NYSE: I) today reported total revenue of US$ 619.1 million and net income attributable to Intelsat S.A. of US$ 16.2 million, or $0.14 per share on a diluted basis, for the three months ended December 31, 2014. The company reported adjusted net income per diluted common share1 of $0.79 for the three months ended December 31, 2014.

Petah Tikva, Israel – February 18, 2015 –Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported results for the fourth quarter and year ended December 31, 2014. Revenue for 2014 was US$ 235.1 million compared to US$ 234.9 million in 2013. EBITDA increased by 43% in 2014 to US $23.4 million from US$16.3 million in 2013.

Paris, France, February 12, 2015–The Board of Directors of Eutelsat Communications (NYSE Euronext Paris: ETL) announced  financial results for the half-year ended  December 31, 2014. First Half revenues of €723 million up 4.3% on a like-for-like basis. EBITDA margin was 77.4%.

Carlsbad, Calif., February 10, 2015–ViaSat Inc. (NASDAQ: VSAT),  announced strong fiscal year 2015 third quarter financial results that included revenues of US$ 339.6 million and strong Adjusted EBITDA growth of 51% to US$ 85.9 million, up from US$ 56.7 million recorded in the same period last year.

Paris, France,  Feb. 11, 2015--Video delivery solutions provider ATEME, today announced record results for 2014 in terms of corporate growth, geographic expansion and revenue. ATEME reported increased annual revenues by 24 percent to €25.4 million in 2014 over 2013 total annual sales of €20.6 million.

Ottawa, Canada, February 10, 2015--International Datacasting Corporation (TSX:IDC), a technology provider for broadcasters, announced that it is engaged in discussions regarding a potential acquisition of the company's business. The identity of the counterparty and terms of the potential acquisition are subject to a non-disclosure agreement.

Melbourne, Fla., February 6, 2015--Harris Corporation (NYSE:HRS) reported revenue in the second quarter of fiscal 2015 of US$ 1.21 billion and income from continuing operations of US$ 140 million, or US$ 1.32 per diluted share. In the prior year, revenue was US$ 1.22 billion and income from continuing operations was US$137 million, or US$ 1.27 per diluted share. Orders in the quarter were US$1.11 billion.

Melbourne, Fl., February 6, 2015--Harris Corporation and Exelis today announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at US$ 23.75 per share, or an approximately US$ 4.75 billion enterprise value.

Annapolis, MD, Feb. 5, 2015- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), reported results for the fourth quarter and fiscal year ended December 31, 2014. Revenue was up 19% from the fourth quarter of 2013. Adjusted EBITDA of US $9.9 million (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation) was up 14% from $8.8 million in the year-ago quarter; this was the company's third consecutive quarter of EBITDA improvement.

Miami, Fl., February 3, 2015--Emerging Markets Communications (EMC), a satellite and terrestrial communications services provider, announced that  it acquired General Industry Systems (GIS) AS, a Norwegian-based provider specializing in energy and maritime connectivity services for offshore operations. The consolidated portfolio of products, services, experience, locations and engineers of the companies strengthens EMC’s energy and maritime business segments.