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SES: “Solid start to 2022”

SES has reported its Q1 financials on with CEO Steve Collar saying that the company had made a “solid start” to 2022. Its Q1 Video division revenues, however, declined 6.4 per cent to €251 million, despite important client renewals being secured. Excluding US wholesale, Video was 4.1 per cent lower than Q1 2021 as ‘right-sizing’ […]

May 5, 2022By Chris Forrester

IMAX: “Remarkable season ahead”

Giant screen business IMAX has reported its Q1 2022 numbers which highlighted a promising recovery from its pandemic-affected period. Its Q1 box office was up 57 per cent to $173.2 million (€164.7m) and that the number of open theatres in China – its strongest market – were up from 52 per cent to 65 per […]

May 3, 2022By Chris Forrester

Telenor reports “pleasing growth” in Q1

For Q1 2022, Norwegian multinational telecommunications Telenor has reported that its mobile business performed well while the overall quarter was impacted by its strategic journey of investing in modern networks and structural transactions in Asia. The growth was held back by the Norwegian fixed line business and intensified competition in Thailand. Service revenues were stable, […]

May 3, 2022

SiriusXM tops revenue expectations

Us pay-radio operator SiriusXM has reported Q1 revenues of $2.19 billion (€2.07bn), ahead of analyst expectations of $2.15 billion and up 6.2 per cent year-on-year. SiriusXM net income jumped to $309 million from $219 million a year-ago. New North American vehicle penetration is at an all-time high, the company noted. Its hardware was incorporated into […]

April 29, 2022By Chris Forrester

Hispasat revenues up 15%

Madrid-based satellite operator Hispasat, now 89 per cent owned by Red Eléctrica Group, has unveiled an impressive set of results. Its full year revenues grew 14.9 per cent and its EBITDA margin was an industry leading 75.2 percent (from 74.3 per cent). This past year has seen Hispasat, almost free from its former state control […]

April 29, 2022By Chris Forrester

Peacock growth boosts Comcast

Comcast has announced strong subscriber growth in its Peacock streaming service which benefitfed from the return of major sporting events, as well as a post-pandemic boost from its theme parks. The company posted a 9 per cent increase in adjusted earnings before interest, tax, depreciation and amortisation, at $9.2 billion in the first quarter, ahead […]

April 28, 2022

Nokia: “Pleasing start to 2022”

Nokia, the Finland-based multinational telco, IT and consumer electronics company, has reported that Q1 net sales grew 1 per cent y-o-y in constant currency (+5 per cent reported). Network Infrastructure grew 9 per cent in constant currency, driven by strong demand in both Fixed and Submarine Networks while Cloud and Network Services also performed well […]

April 28, 2022

Tata Communications profits up 18.5%

India’s Tata Communications published its full-year and Q4 numbers saying that its Consolidated revenue totalled $2.24 billion for FY22 while Q4 FY22 topped $567 million. Most of the company’s business segments witnessed growth including core connectivity, digital platforms & services, and incubation services of data business. Specifically, Tata’s data business grew by 2.1 per cent […]

April 27, 2022By Chris Forrester

Analysts: Iridium is on a roll

Iridium Communications operates 66 active satellites and connects its customers with global voice and data from its hand-held satellite phones and terminals. It has moved from a quarterly loss to its fourth straight quarter of double digit growth and a profit and reported an extremely buoyant forward guidance with subscribers growing to 1.78 million (from […]

April 27, 2022

Warner Bros Discovery adds 2m subs in Q1

Warner Bros Discovery has reported results for the quarter ended March 31st 2022. The results cdo not include Q1 performance for the WarnerMedia business, which was acquired on April 8th. David Zaslav, President and Chief Executive Officer of Warner Bros Discovery, commented: “With Warner Bros Discovery, we are creating a pure-play media company with diversified […]

April 26, 2022