News Analysis

ORBCOMM Reports 10% Increase in Revenues in 2nd Quarter 2014

Rochelle Park, N.J., August 7, 2014--For the second quarter of 2014, Machine-to-Machine communications provider ORBCOMM reported  total revenues were up 30.9% year-over-year to US$ 24.3 million.  Service Revenues were up 10.2% to US$ 14.9 million over the prior year. Second quarter 2014 Product Sales of US$ 9.4 million were 86.4% higher than prior year. 

DISH Network Reports Record Revenues Second Quarter 2014

Englewood, Colo., August 6, 2014--DISH Network Corp. today reported revenue totaling US$ 3.69 billion for the quarter ending June 30, 2014, compared to US$ 3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 percent to US$ 3.65 billion from US$ 3.45 billion in the year-ago period.

Intelsat Reports Second Quarter 2014 Results

Washington, D.C., August 4, 2014--Intelsat S.A. today reported total revenue of US$ 615.7 million and net income attributable to Intelsat S.A. of US$ 66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014.  The company reported adjusted net income per diluted common share1 of $0.76 for the quarter.

Mobile Media Revenue to Reach US$ 380 Billion by 2018

Boston, Mass., August 4, 2014--Strategy Analytics’ forecast, Global Mobile Media Forecast: 2001-2018, predicts spending on consumer mobile media services consumed via the handset (which excludes tablet spend) including handset browsing, mobile applications, mobile games, mobile music, mobile video, mobile TV, ringtones, wallpapers and alerts - will rise from just above $236 Billion in 2013 to approach US$ 380 Billion by 2018.

DIRECTV Revenues driven by U.S. ARPU growth of 4.6% and Strong Latin America Subscriber Growth

El Segundo, Calif., July 31, 2014--DIRECTV  today reported that second quarter 2014 revenues increased 5% to $8.11 billion, reported operating profit before depreciation and amortization(OPBDA) increased 3% to US$ 2.15 billion, reported operating profit increased 5% to US$ 1.42 billion and reported diluted earnings per share increased 35% to $1.59 compared to last year's second quarter.

Telesat Reports 5% Increase in Revenues in 2Q 2014

Ottawa, Canada, July 31, 2014-- Telesat Holdings Inc. today announced its financial results for the three and six month periods ended June  30, 2014.  For the quarter ended June 30, 2014, Telesat reported consolidated revenue of CDN$ 226 million, an increase of 5% (CDN$10 million) compared to the same period in  2013. 

Iridium Affirms 2014 and Long-Range Outlook

McLean, Va., July 31, 2014-- Iridium Communications Inc. today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was US$ 15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to US$ 15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA") for the second quarter was US$ 54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent. OEBITDA grew largely due to higher service revenue.

KVH Industries Reports Second Quarter 2014 Results

Middletown, RI, July 30, 2014 -- KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.

ViaSat Acquires Assets of Gray Labs

Carlsbad, Calif., July 29, 2014 – ViaSat Inc. has expanded its high-speed satellite data communication technology base with the acquisition of a high-rate modem product line and custom spacecraft technologies for earth observation from Gray Labs Inc.

Rockwell Collins Sells Military Ground-based Satellite Communications Business

Duluth, GA, July 25, 2014-- Rockwell Collins has completed the sale of its satellite communications business. The business, which designs, manufactures and services ground-based satellite communication systems primarily for military customers, will be renamed DataPath, Inc.