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Inmarsat revenues down 11% in Q3, underlying EBITDA stable

Wednesday 20 November 2019 | 09:47 CET | News
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Inmarsat reported third-quarter revenues down 11.4 percent to USD 327.3 million, driven by reduced revenue from Ligado and legacy products in the enterprise market. Excluding Ligado, revenue fell 2.7 percent. EBITDA dropped 16.4 percent to USD 172.6 million, but was up by USD 0.3 million excluding Ligado and the costs of the company's takeover. 

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Categories: Broadcast & Satellite
Companies: Inmarsat
Countries: World
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