Bitmovin, a provider of video infrastructure solutions, has reported strong growth in Q3 – and 2023 as a whole. Stefan Lederer, CEO & Co-Founder of Bitmovin, commented: “The software and indeed tech industry as a whole is undergoing the biggest market correction since the Dot-Com bubble nearly 25 years ago. Despite all of this, Bitmovin […]

Charter Communications has revealed that its Spectrum brand has lost 320,000 TV subs in the third quarter of 2023. It also reported that it paid out $68 million in customer credits due to its carriage dispute with Disney that led to a blackout. “We continue to make significant progress against the multi-year strategic initiatives we […]

Terran Orbital held a virtual Town Hall meeting for shareholders on October 26th in an attempt to quell dissent amongst certain shareholders. The event provided some key news, not all of it positive, but its share price recovered a little to 84 cents (€0.80). Last week, the share were trading at about 64 cents. Marc […]

Pay-radio operator SiriusXM says it will boost its quarterly cash dividend to shareholders by 10 per cent. Sirius XM Holdings Inc, the parent company, announced that its Board of Directors declared a quarterly cash dividend of $0.0266 per share reflecting an increase of approximately 10 per cent over the previous quarter’s dividend. This regular quarterly […]

LG Display reported continued losses for Q3/2023, marking the sixth straight quarters of deficits, but showed some important signs of improvement through cost-cutting initiatives which boosted the company’s share price. Demand for personal computers, TVs and mobile phones has been down on last year due to economic uncertainties and rising living costs, leading to device […]

Christopher Nolan’s blockbuster Oppenheimer has helped IMAX report record box office revenues for the quarter-year to September 30th expand 98 per cent to $347 million (€329m). IMAX itself posted revenues of $103.9 million for the quarter, up 51 per cent from a year ago. Its Q3 profits were $12 million and meant a positive move […]

Comcast reported its customer numbers unexpectedly declined in Q3 amid tough competition, overshadowing a strong performance from its streaming and parks businesses and sending shares of the company down nearly 6 per cent. The group shed 18,000 broadband customers in the third quarter, against estimates for a gain of 3,600. Comcast said it expects “somewhat […]

Eutelsat’s has reported its Q1 2023/24 results, but before that, on October 25th, its share price fell to an all time low of €4.15 before a slight recovery to finish the day at €4.31. The low value puts Eutelsat’s market capitalisation of just €2.10 billion, down 53 per cent over the past 12-months. A five-year […]

Norwegian telco Telenor has reported Q3 earnings above expectations, supported by growing mobile service revenue and lower energy prices in the Nordics, and narrowed its full-year projections. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for July-September rose 1.5 per cent on an organic basis to NOK 9.3 billion (€788.7m). “Third quarter was a […]

Orange has reported that revenues for Q3 2023 were €10.99 billion, an increase of 1.8 per cent, or €194 million, year on year (compared with +2.6 per cent in Q2 and +2 per cent in H1). Revenue growth in the quarter was driven by retail services, which grew by 3.8 per cent, or €304 million […]