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Intel’s ‘Internet of Things’ division up 32%


The Internet of Things is taking off, and how, for chip-maker Intel. The recently formed division saw growth of 32 per cent compared with the same period last year, mostly based on use of its low-cost ‘Atom’ chip, and where volume sales “nearly doubled” in y-o-y. The news came during Intel’s Q1 analyst call, where CEO Brian Krzanch reported that [...]

Quickflix subs up 16%

Quickflix, the Australia and NZ online streaming service, experienced a strong March quarter of growth increasing its base of paying customers by 16,000 or 16 per cent to 118,557. Total active customers (paying customers plus introductory trialists who have registered with a valid credit card) increased by 13 per cent to 137,059. Organic growth through customers signing up on Quickflix-enabled [...]

Nervous times for BSkyB

Last Friday saw a 10.5p (1.1 per cent) fall in BSkyB’s share price and continued the tumble over the past few weeks that has seen shareholder confidence ebb away. The recent falls, from £9.46 to £8.77 on anxieties over the likely price of the next auction round of English Premier League football costs, and last week’s news that BT Sport [...]

Netgem maintains objective of doubling revenue

For the first quarter ending March 31st, Netgem, the French video solutions company, has revealed consolidated revenues of €19.3 million, up 18 per cent and 32 per cent internationally Current operating income in 2013 amounted to €10.2 million for a revenue of €81.4 million, a decrease of 17 per cent compared to 2012. It includes the activity of Videofutur since [...]

SeaChange “transitional year”

SeaChange International, a global multi-screen video software innovator, has reported fourth quarter fiscal 2014 revenue of $35.6 million and non-GAAP operating income of $0.9 million from continuing operations, consistent with the Company’s preliminary results announced on February 25th. In comparison, fourth quarter fiscal 2013 revenue was $44.6 million and non-GAAP operating income was $9.5 million.  The Company posted a US [...]

blinkx defends advertising figures

blinkx has issued a detailed rebuttal to allegations that it used questionable tactics to boost revenues. The company has been fighting to restore its reputation since in January when a Harvard Business School professor published a critical blog post that prompted blinkx’s share price to fall 30 per cent. Although online advertising revenues are expanding rapidly, investors have become increasingly [...]

Mediaset returns to profit in 2013


Italian commercial broadcaster Mediaset returned to net profit of €8.9 million in 2013, compared with a loss of €282.1 million the previous year, as a result of cost cutting measures. Consolidated net revenue was €3.4 billion (€3.7 billion in 2012), with positive EBIT of €246.3 million, compared to a negative €35.4 million in 2012. Earnings at pay-TV unit Mediaset Premium [...]

Nilesat posts record profits


Egyptian Satellite (NileSat) has reported its financial results posting a net profit of $46.56 million in 2013, up 43.9 per cent. Nilesat, which is also carrying a record number of channels, reported net profit of $32.35 million for 2012. Revenues for last year rose 9.09 per cent to another record of $180.91 million, up from $165.84 million in 2012. Nilesat [...]

AsiaSat suffers fall in revenues

AsiaSat’s financials, released in Hong Kong March 20th, showed zero growth compared to 2012 when an exceptional payment of HK$ 311 million was stripped out from last year’s numbers. Revenues from satellite transponder capacity sales fell back 4 per cent in what was a challenging year. Notably, revenues suffered because of the renewal of contracts with “an anchor customer at [...]

ONO: ‘Solid 2013′

As news headlines concentrated on its possible IPO or sale to Vodafone, Spanish quad play operator ONO has released its Full Year 2013 results, which it described as ‘solid’. It also confirmed it is looking at launching an online service. As of December, 31, 2013, it offered our services to 7.2 million homes across Spain, including the nine largest cities, [...]

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