Hopes are high that Paris-based Eutelsat will today (May 14th) unveil its Q3 results and perhaps, just perhaps, there will be a little top-line growth.

That’s the view from equity analysts at investment bank Exane/BNPP, who suggest that after seven consecutive quarter-year statements which reported declines, they expect today’s numbers to show a modest 0.3 per cent (y-o-y) organic revenue helped by an uplift of €19 million from Eutelsat’s ‘Mobility’ division and “stabilisation” in its important ‘Video’ segment (revenues of €228 million).

The bank’s number-crunchers expect overall revenues for the quarter-year to be €353 million, which is towards the higher-end of market expectations.

Investors are hoping that positive numbers (and a confirmed guidance for the calendar year) will lead to a marked uplift in Eutelsat’s share price. The bank points out that similar positive news helped SES (up 9 per cent on its results day), Intelsat (up 38 per cent, on its day and another 9 per cent on May 11th), Inmarsat (up 9 per cent) and Telesat (up 2 per cent). “We expect a similar reaction on Eutelsat,” said the bank’s note.

Other posts by :

1. Musk delays Moon landing until 2027
2. Hughes Satellite facing cash crunch
3. Major banks support AST SpaceMobile
4. Fitch downgrades DirecTV debt
5. BBC: You’ll miss me when I’m gone
6. Some new US Starlink subs face $1,000 start-up fee
7. Project Kuiper beating OneWeb
8. OQ Tech gets Luxembourg 5G-by-Sat concession
9. Roskosmos: Heads roll, launch project scrapped

Categories: Blogs, Broadband, Broadcast, Business, DTH/Satellite, Inside Satellite, Results, Satellite, Services