NDS revenue up 20%
May 2, 2008
NDS announced operating results for the quarter ended March 31, with
revenue for Q3 up 20 per cent to $213.3 million; whilst operating income rose 21 per cent to $43.3 million. The company also revealed it now has distributed 86.9 million active digital TV smart cards and has 83.1 million cumulative middleware clients deployed.
Commenting on performance, Dr. Abe Peled, Chairman and Chief Executive Officer said: “This has been another good quarter for NDS. We are particularly pleased with our continuing progress on entering the German pay-TV market, and our additional wins in India. Our CA contract extension with Viasat and expanding the relationship to include our MediaHighway middleware are also gratifying and clear evidence of our focus on customer support.”