Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2018. Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017.
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Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the Third Quarter and Nine Months ending March 31, 2018. Third Quarter revenues were €337 million, down -7.4%, while nine month revenues of €1,034 million, down 5.0%
24i Media, the leading internet TV app technology provider for the world's top media companies, today announces the acquisition of Mautilus, the Czech TV app agency specializing in HbbTV and applications for multiple devices. The acquisition strengthens 24i's technology framework with new products and features, and increases its production capacity with Mautilus' highly-skilled engineers. The acquisition of Mautilus is the next step in 24i's ambition to deliver the most innovative, modular, flexible and scalable video streaming application technology.
Satellite operator Intelsat S.A. (NYSE: I) today announced financial results for the three months ended March 31, 2018. Intelsat reported total revenue of US$ 543.8 million and net loss attributable to Intelsat S.A. of US$ 66.8 million for the three months ended March 31, 2018.
Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook. Net income was US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018, as compared to US$ 37.9 million, or $0.30 per diluted share, for the first quarter of 2017.
C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the first quarter ended February 28, 2018. The company has generated revenues of CDN$ 1,816,142 and a net after tax profit of CDN$ 16,862 or 0 cents per share. This compared with revenues of CDN$ 1,485,410 and a net after tax profit of CDN$ 1,635 or 0 cents per share as reported in 2017, representing an increase of 22.3% and 931.3% respectively.
NSR’s Wireless Backhaul via Satellite, 12th Edition report, released today, forecasts annual satellite capacity revenues reaching $4 billion by 2027, serving over 3 Tbps of demand. Mobile Backhaul captures the greatest opportunities, as satellite usage increases among MNOs and becomes a widespread solution. Lower capacity prices are reviving Trunking, as new demand is emerging from previously un-addressable markets.
Intelsat S.A. today announced the final results of its previously announced tender offer by its indirect subsidiary, Intelsat Connect Finance S.A. (“ICF”), to purchase for cash any and all of the outstanding 6 3⁄4% Senior Notes due 2018 (CUSIP No. 458204 AN4; ISIN No. US458204AN49) issued by Intelsat (Luxembourg) S.A., a subsidiary of Intelsat S.A. and ICF’s direct parent company, that are not already held by ICF.
C-COM Satellite Systems Inc.(TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2017. The company has generated revenues of CDN$ 10,282,319 and a net after tax profit of CDN$ 1,035,744 or 3 cents per share. This compared with revenues of CDN$ 9,267,750 and a net after tax profit of CDN$ 1,020,234 or 3 cents per share as reported in 2016, representing an increase of 10.9% and 1.5% respectively.
The organizers of SATELLITE 2018 are pleased to announce today that John Finney, founder of Isotropic Systems, will deliver the Lunch Keynote address for all conference attendees on Monday, March 12, 2018 at 12:15pm. Finney will appear on stage to share his vision of the satellite industry’s future by leveraging the massive high-throughput satellites coming on line by implementing the company’s transformational, next-generation terminal technology.