WEST 2014 continues to take shape and is on track to be an outstanding success. Since WEST is the largest Sea Services event on the West Coast- with a focus on the Pacific region, a priority region for the DoD, significant participation from the Navy, and other services in the San Diego area is expected.
Confirmed Speakers include:
Orbcomm Inc. reported on Wednesday better second quarter 2013 revenues rising 13.7 percent over prior year to $18.6 million resulting in net income of US$ 1.7 million or $0.04 per share, better than the analyst estimate of US$ 0.02.
ViaSat Inc. posted a record 33 percent increase in revenue to US$ 321.1 million for first quarter fiscal 2014, narrowing its loss to US$ 1.8 million or $0.04 per share, from a loss of $14.4 million or $0.33 per share from the same period last year.
Dish Network Corp. reported today second-quarter loss as the company was hit by large impairment charges and pay-TV subscriber additions slowed. Former unit EchoStar Corp. also swung to a loss.
Dish posted revenue of US$ 3.61 billion for the quarter ending June 30, 2013, compared to US$ 3.57 billion for the corresponding period in 2012. Subscriber-related revenue increased 4.9 percent to US$ 3.46 billion from US$ 3.30 billion in the year-ago period.
Inmarsat plc. has reported slightly higher revenues and profits in the first half of the year, fuelled by strong growth in demand for broadband communications on ships and aircraft. Inmarsat reported first half 2013 revenues of US$635.2 million, up 1 percent than the US$629.6 million during the same period last year. Its adjusted EBITDA was US$327.2 million for the first half of the year versus $332.1 million last year while profit before tax was US$185.5 million against US$222.8 million last year.
Over the years IBC has made substantial investment in its feature areas, ensuring that its 50,000+ visitors from 160 countries gain as much understanding as they can about the new technologies that are changing the landscape of the electronic media and entertainment industry.
Intelsat S.A. reported a slight rise in revenue to US$ 653.8 million but posted a net loss of US$ 408.3 million, or US$ 4.19 per share, for the three months ended June 30, 2013. The loss, however, included US$ 366.8 million for pre-tax charges related to early extinguishment of debt resulting from debt paydowns resulting from the company’s April 2013 initial public offering and debt refinancing activity in the second quarter.
DirecTV announced an increase in second quarter 2013 revenues by 7 percent to US$ 7.7 billion but the pay-TV company suffered a decline in its net profit to US$ 660 million.
The company said operating profit before depreciation and amortization (OPBDA) rose 4 percent to US$ 2.08 billion while operating profit declined by 4 percent to $1.35 billion. It also reported higher earnings per share of 8 percent to US$ 1.18 compared to last year's second quarter.
Telesat Holdings Inc.’s two new satellites – the Nimiq 6 and Anik G1 – have led to higher revenues of CDN$ 216 million (US$208.65 million) for the three months ending June 30, 2013, the company said on Thursday. The revenue growth contributed to a net income of CDN$ 15 million (US$14.49 million) for the quarter, reversing a loss of Ca$244 million (US$235.70 million) the firm recorded a year ago.
RigNet, Inc., aprovider of managed remote communications solutions to the oil and gas industry, today announced a strategic deal with Inmarsat plc involving the sale of Inmarsat's Energy Broadband business to RigNet and the appointment of RigNet to become a key distribution partner to deliver Inmarsat's Global Xpress ("GX") and L-band services to the energy sector worldwide.
