Cisco, the world’s largest maker of computer networking equipment, has reported its third quarter results for the period ended April 28, 2012. Cisco reported third quarter net sales of $11.6 billion and net income of $2.6 billion. “We delivered solid results this quarter with record revenue,” said John Chambers, Cisco chairman and CEO. “We are […]
Disney has reported quarterly profit up by 21 per cent from a year earlier, to $1.14 billion. Revenue rose 6 per cent, to $9.6 billion. This despite a record $200 million write down on John Carter in the studio division and more losses at the games unit. But amusement parks and TV networks, particularly ESPN, […]
Danish cable operator TDC’s Q1 revenue increase 0.5 per cent to DKK 6.644 billion (€880m). Profit for the period excluding exceptional totalled DKK 740 million, down by DKK 133 million (15.2 per cent). TDC saw its best quarterly pay-TV subscriber growth with 37,000 additions driven by HomeTrio Mini and YouSee following market changes. The number […]
ITV has said TV ad revenues could be up by as much as 17 per cent in June, thanks to an advertising surge from campaigns around the Queen’s jubilee and the Euro 2012 football tournament. ITV has reported a 1 per cent fall in TV ad revenues in the first quarter but expects to see […]
Mexican MSO Megacable reported 1.98 million pay-TV subscribers, up 15 per cent y-o-y, with 1.04 million of that number hooked up to the company’s digital services (53 percent of the total). Megacable enjoyed a dramatic shift towards digital during the year, with growth of 78 per cent. Megacable started its digital roll-out a year ago […]
Global satellite network Inmarsat has reported a slight increase in its quarterly core earnings on growth in its maritime unit. “Subscriber growth of over 10 per cent in the first quarter continues to underpin our expectations for improved results in 2012.” Chief Executive Rupert Pearce said in a statement. Core earnings at Inmarsat Group rose […]
Colorado-based satellite broadcaster Dish Network added a very healthy 104,000 net subscribers (its best quarterly growth for 2 years) during the quarter (to March 31s but net income fell 34 per cent, and Wall Street was not happy with the financials. Dish Network’s stock fell back 4 per cent ($1.25) on May 7. Subscribers now […]
US satellite TV provider DirecTV’s profit and revenue rose in the first quarter but it added fewer subscribers than expected. DirecTV added 81,000 new subscribers in the US in the quarter, missing analysts’ average forecast of 92,000. In Latin America, it added 593,000 new subscribers, which beat analysts’ estimates of 543,000. Net income rose to […]
Intelsat, the world’s leading provider of satellite services, has reported revenue of $644.2 million and a net loss of $24.4 million for the three months ended March 31, 2012. The company also reported EBITDAi (earnings before net interest, loss on early extinguishment of debt, taxes and depreciation and amortisation) of $481.2 million Intelsat CEO Dave […]
Eutelsat will unveil its Q3 numbers on May 10, and the satellite operator’s revenues are expected to be around €315 million (up about 6.5 per cent on last year). Eutelsat is expected to say that its planned ‘accelerated growth’ for this financial year (to June 30) is working according to plan. However, the market will […]