San Francisco-based Dolby Labs has reported Q2 profits of $95.7 million (€87.2m), and $375.9 million in revenues, up from $334.4 million in the same period last year. Dolby, a creator and licensor of audio, video and voice technologies for broadcasters and the movie and games industries, exceeded market expectations (four analysts had expected consensus revenues […]

Satellite operator Thaicom has reported its financial results Q1 2023. Thaicom’s net profit attributable to owner of the Company for the quarter was Baht 90 million (€2.44m), an increase from Q4 2022 where there was a net loss of Baht 439 million. The main reason was the reduction in net foreign exchange losses as the […]

Globalstar is a fast-growing mobile satellite operator which has struck a dramatic deal with Apple for connecting Apple’s latest smart phones to its satellite-based services. Its latest numbers show a 79 pe rcent increase in service revenues for the quarter-year to March 31st from $29.3 million (in Q1 2022) to $52.94 million. Its bottom-line net […]

Warner Bros Discovery (WBD) has reported its Q1 financial results for the quarter ended March 31st 2023. Amid falling revenue and increased losses it has reported a $50 million (€45.3m) operating profit in streaming with nearly 97 million subscribers worldwide. David Zaslav, President and Chief Executive Officer of WBD, commented: “It is an important time […]

FuboTV, the sports-first live TV streaming platform, has announced its Q1 financial results for the quarter ended March 31st 2023. Fubo’s North American streaming business exceeded guidance, posting double digit year-over-year (YoY) growth in total revenue ($316.5 million, up 34 per cent YoY) and paid subscribers (1.28 million, up 22 per cent YoY). The company […]

Business in-flight communications specialist Gogo has reported its Q1 numbers, with total revenue of $98.6 million (€89.4m) – an increase of 6 per cent compared to Q1 2022, fueled by strong growth in service revenue. Gogo reported record service revenue of $78.5 million which increased 11 per cent compared to Q1 2022 and 1 per […]

Paramount’s Q1 disappointed Wall Street and paid the price with a 20 per cent stock drop. Ongoing losses in streaming added to soft advertising at its TV group last quarter and a dip in movies all contributed. Revenue was flat at $7.26 billion (€6.59), and the company swung to a loss of $1.1 billion for […]

RTL, the Luxembourg-based international media conglomerate, has reported that Q1 group revenue down 9 per cent to €1.4 billion, mainly due to significantly lower TV advertising revenue and the disposals of RTL Belgium (31 March 2022) and RTL Croatia (1 June 2022), which were still fully consolidated in Q1 2022. Group revenue was down 7.7 […]

SES has reported a “solid” set of numbers with revenue of €490 million (+9.6 per cent YOY) including contribution from DRS Global Enterprise Solutions and a stronger US dollar. SES says it signed €90 million in new business for its Mobility division, and €110 million in either renewals or new business in Video. But Video […]

Swisscom has reported that Q1 group revenue remained almost stable year-on-year at CHF 2,747 million, down 0.3 per cent, resulting in an increase of 0.6 per cent at constant exchange rates. In the Swiss core business, sales fell slightly by CHF 12 million to CHF 2.04 billion. Revenue from telecoms services decreased overall by 1.2 […]