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Inmarsat upgrades FY outlook after solid growth in Q3 results

Thursday 8 November 2018 | 12:16 CET | News
Mobile satellite services provider Inmarsat reported third-quarter revenues up 3.7 percent year-on-year to USD 369.3 million, driven by expansion in the aviation market and solids results in the government and enterprise segments. EBITDA improved 6.8 percent to USD 206.5 million, and net profit doubled year-on-year to USD 227.7 million, thanks to a non-cash gain on convertible debt.

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Categories: Broadcast & Satellite
Companies: Inmarsat / Panasonic
Countries: World
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