Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Info NDS warns on next results at General Satellite News forum; NDS warns on next results Smart card technology company NDS reported record results on Aug 5, in what might be ...

LinkBack Thread Tools Display Modes
Info NDS warns on next results
Bacteria's Avatar
Posts: 96,016

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 90566
Experience: 68%

Thanks: 1,107
Thanked 5,577 Times in 1,419 Posts
Join Date: Oct 2006
Age: 35
Info NDS warns on next results - 06-August-2008, 14:10

NDS warns on next results

Smart card technology company NDS reported record results on Aug 5, in what might be the last public statement made by the company before it moves into privately-held hands. NDS is being acquired by a new business with 49% held by News Corp, and the rest by two companies advised by private equity specialists Permira Advisors.
NDS numbers were, by any measure, impressive. Record revenues for the year, record net income, record number of smart cards issued, record PVR/DVR units in use.. the list is a long one. Indeed, the cash (and equivalents) at hand at the end of June stood at $734m, compared to $592m a year ago, helping drive the firms current asset pile to more than $1bn.

CEO Dr Abe Peled reminded analysts of the major business wins achieved in the past six months, notably Koreas SkyLife, Russias Sistema Mass Media, Cox Communications and business extensions at Foxtel, Africas Gateway and Sky TV New Zealand. However, his warning was blunt: Unfortunately, as we look into fiscal 2009, the continuing strength of the Israeli shekel will make fiscal 2009 a very challenging year. We plan to invest in our business in order to continue to provide first rate technology and support to our customers in their current business, as well as to prepare for the challenges and opportunities presented by the rapid penetration of broadband and the changing viewing patterns it makes possible.

NDS delivered 37.3m smart cards during the year (26.3m last year), and NDS Middleware is now in use on 92.5m boxes (up from 61.8m in 2007). 5.8m extra PVRs were deployed during the year (3.8m) taking the total now in use to 13.1m.
Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.