Advanced Television

Results

DISH Network Q2 dips

DISH Network Corporation, the US pay-TV provider, has reported revenue totalling $3.91 billion (€3.58bn) for the quarter ending June 30th, compared to $4.21 billion for the corresponding period in 2022. Net income attributable to DISH Network totalled $200 million for the second quarter 2023, compared to $523 million for the year-ago quarter. Pay-TV Net pay-TV subscribers decreased approximately 294,000 in the […]

August 8, 2023

Thaicom Q2 revenue up 410%

Thaicom has announced its financial results Q2 2023. The satellite operator Thaicom reported net profit attributable to the owner of the company for Q2 of Baht 457 million (€11.92m), marking a 409.8 per cent QoQ increase net profit of Baht 90 million. Additionally, there was a 47.8 per cent increase compared to the net profit […]

August 8, 2023

Gilat Q2 revenue up 22% YoY

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its results for the second quarter, ended June 30th. Financial highlights include: Revenues of $67.6 million (€61.5m), up 22 per cent compared with $55.5 million in Q2 2022; GAAP operating income of $5.4 million, compared with $1.5 million in Q2 2022; Non-GAAP operating […]

August 8, 2023

AMC drops 0.5m subs

AMC Networks has reported its Q2 earnings and revealed that its streaming services lost 500,000 subscribers since March 31st, with subscriber count now at 11 million. Net revenues decreased 8 per cent from the prior year to $679 million (€618.1m), largely driven by lower advertising revenues, domestic affiliate revenues and 25/7 Media production services revenues, […]

August 4, 2023

FuboTV raises guidance on strong Q2

FuboTV, the sports-first live TV streaming platform, has announced its Q2 financial results ended June 30th and raised its previously stated full year 2023 guidance for North America. Fubo exceeded North American guidance, achieving $305 million (€277.4m) in revenue, up 41 per cent year-over-year, and 1,167,000 paid subscribers, up 23 per cent year-over-year. The company […]

August 4, 2023

Apple Q3 revenue flat; Services up 8%

Apple has announced financial results for its fiscal 2023 third quarter ended July 1st 2023. The Company posted quarterly revenue of $81.8 billion (€74.7m), down 1 per cent year over year, and quarterly earnings per diluted share of $1.26, up 5 per cent year over year. Revenue has declined for multiple quarters for the tech […]

August 4, 2023

Dolby Labs Q3 improves

Dolby Labs has reported its Q3 numbers with revenue of $298.4 million (€272.7m). up from $289.6 million on the same period last year. However, cash flow from operations fell to $121.1 million from $172.6 million last year. “We continue to transform the way people enjoy their content,” said Kevin Yeaman, President and CEO, Dolby Labs. […]

August 4, 2023By Chris Forrester

WBD sheds 1.8m DTC subs in Q2

Warner Bros Discovery (WBD) has reported financial results for the quarter ended June 30th. David Zaslav, President and Chief Executive Officer of WBD, commented: “The important work we are doing to transform our businesses for the future continues to drive our strong financial performance as demonstrated by meaningful improvements to our balance sheet and our […]

August 3, 2023

ProSiebenSat.1 Q2 revenues down 17%

ProSiebenSat.1 Group reports that is has the second quarter of 2023 “in line with expectations“. Against the current challenging macroeconomic environment in the German-speaking region (Germany, Austria, Switzerland), Group revenues in Q2 were 17 per cent below the previous year at €868 million. The TV advertising business in particular continued to be affected by ongoing […]

August 3, 2023

SES H1: Revenue rises 10%

SES reported a healthy rise of 9.8 per cent in overall revenues at €987 million for the six months to June 30th. SES has rebutted recent rumours of further slippage in the launch schedule of next satellites the important mPOWER fleet. SES says two mPOWER craft (satellites 5 and 6) will launch during Q3 and […]

August 3, 2023By Chris Forrester