News Analysis

Digital Globe Announce 2013 Results and Key Acquistion

Longmont, Colorado, February 26, 2014 – Satellite imaging company DigitalGlobe, Inc. reported today fourth quarter 2013 revenues of  US $169.7 million, a 35% increase compared with the same period last  year. Net income for the fourth quarter was US$ 15.1 million, with net income available to common  shareholders of US$ 13.6 million, or $0.18 per diluted share.

Telesat Reports 5% Revenue Increase in 2013

Ottawa, Canada, February 24, 2014-- For the year ended December 31, 2013, Telesat reported consolidated  revenues of CDN$ 897 million, an increase of approximately 6% (CDN$ 51 million)  compared to 2012. When adjusted for foreign exchange rate changes, revenue  increased by 5% (CDN$ 43 million) compared to 2012. The increase was mainly due  to revenue earned on the Nimiq 6 and Anik G1 satellites which entered into  commercial service in June 2012 and May 2013, respectively. The increase was  partially offset by a decrease in revenue earned on Nimiq 1 and Nimiq 2. 

Echostar Net Income Falls in 2013; Transfers 80% of Hughes Consumer Business to Dish

Englewood, Colo., February 21-2014-- EchoStar Corporation today reported total revenue of US$ 808 million for the quarter ended December 31, 2013 compared to US$ 786 million for the corresponding period in 2012. Total revenue for the fiscal year ending December 31, 2013 was US $3.282 billion compared to US $3.122 billion for the corresponding period in 2012. EchoStar reported net income attributable to EchoStar shareholders of US$ 4.5 million and diluted earnings per share of $0.05 for the quarter ended December 31, 2013, compared with net income attributable to EchoStar shareholders of US$ 26.2 million and diluted earnings per share of $0.28 during the corresponding period in 2012.

SES Posts Revenue and EBITDA Growth in 2013

Luxembourg, February 21, 2014--SES reported 2013 revenues of EUR 1.862 billion (approximately US$ 2.59 billion), an increase of 3.4% at constant foreign exchange rates (FX) over the prior year period; 5.9% when excluding the EUR 42.6 million of analogue revenue recorded in 2012.  2013 EBITDA  was EUR 1.364 billion, an increase of 2.8% at constant FX over the prior year; 6.2% when excluding analogue revenue.

Intelsat 2013 Results Reflect Challenges in the Government and African Markets

Washington, D.C., February 20, 2014-- Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended  December 31, 2013. The company reported adjusted diluted net income per  common share of $0.84 for the three months ended December 31, 2013. 

DIRECTV Fourth Quarter Revenue Growth of 7% Drives Full Year Revenues to US $31.75 billion

El Segundo, Calif., February 20, 2014--DIRECTV today reported that fourth quarter 2013 revenues increased 7% to US$ 8.59 billion, operating profit before depreciation and amortization (OPBDA) increased 6% to US$ 2.04 billion and operating profit increased 3% to US$1.33 billion compared to last year's fourth quarter. DIRECTV reported that fourth quarter net income declined to  and diluted earnings per share decreased to $1.53 compared with the same period last year.

SES Contracts Airbus for Electric Propulsion Satellite

Luxembourg, February 20, 2014--Airbus Defence and Space (formerly Astrium)  has won a contract with SES for the design and construction of the latest addition to its fleet, the SES-10 satellite which will be covering the Americas. The new satellite will be based on the Eurostar E3000 platform and will be equipped with a dual chemical and electrical propulsion system.

 

Orbital Completes First Operational Cargo Mission to International Space Station for NASA

Dulles, Va., February 19, 2014-- Orbital Sciences Corporation completed today the first of eight CygnusTM operational cargo logistics spacecraft missions to the International Space Station (ISS) as part of the company’s US$ 1.9 billion Commercial Resupply Services (CRS) contract with NASA. The Cygnus spacecraft unberthed from the ISS yesterday morning at 6:41 a.m. (EST), completing a 37-day stay at the orbiting laboratory. Today, Cygnus reentered Earth’s atmosphere over the Pacific Ocean east of New Zealand at approximately 1:20 p.m. (EST).

Aireon Closes First US$50 million Investment From Major Air Navigation Service Providers

McLean, Va., Feb. 18, 2014-- Aireon LLC, the developer of the world's first space-based global air traffic surveillance system, announced today that it has closed the previously announced investment transaction with three new investors and major Air Navigation Service Providers (ANSPs): ENAV (Italy), the Irish Aviation Authority (IAA), and Naviair (Denmark), and has received their first tranche investment totaling US$ 50 million. 

Gilat Doubles Backlog in 2013 to US$ 228 million

Petah Tikva, Israel - February 18, 2014 - Gilat Satellite Networks Ltd. today reported its results for the fourth quarter and year ended December 31, 2013. Revenue for 2013 was US$ 234.9 million with EBITDA of US$ 16.3 million. Gilat reported strong backlog of US$ 228 million at the end of 2013 more than doubled as compared to US$98.9 million at the end of 2012.