0
Broadband

Netgem posts small net loss in H1 hurt by sharp decline in IPTV business

Friday 3 August 2018 | 08:30 CET | News
Netgem reported a net loss of EUR 0.3 million in the first half of the year, compared to a profit of EUR 1.3 million in the year-earlier period. EBITDA fell by 30 percent year-on-year to EUR 2.1 million, reflecting a drop in revenue, also down 30 percent. Net revenue (gross sales minus cost of hardware sold) declined by 15 percent to EUR 11.0 million, based on EUR 23.0 million worth of sales revenue.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: Netgem
Countries: World
::: add a comment
This article is part of dossier

OTT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Netgem's revenues continue to drop in Q3

Published 18 Oct 2018 13:45 CET | World
Netgem reported consolidated revenues of EUR 7.9 million in the third quarter, down 36 percent year-on-year (-30% in H1). Net ...

Netgem, Broadpeak team up for new Gibtelecom OTT multiscreen service

Published 24 Sep 2018 12:01 CET | Gibraltar
Digital TV specialist Netgem has teamed up with content delivery network provider Broadpeak to launch a new TV multiscreen ...

US consumers forsake set-top boxes for smart devices, saving energy - study

Published 10 Aug 2018 17:54 CET | United States
US consumers are increasingly using their own devices, such as phones, dongles and smart TVs, to access video content from pay-TV ...

Freeview Play now available on Netgem set-top boxes

Published 06 Jul 2018 17:50 CET | United Kingdom
UK DTT platform Freeview and Netgem have announced the roll-out of Freeview Play on Netgem's SoundBox HD NetBox HD products. The ...

French ISP Vitis to offer fibre bundles on rural networks run by TDF

Published 24 Apr 2018 08:54 CET | France
French fibre ISP Vitis will soon commercialise its triple-play bundles across the public-initiative networks, known as RIP ...

Netgem targets EBITDA growth from 2018

Published 12 Mar 2018 16:32 CET | World
Netgem confirmed that by the end of the current year its transformation programme will be finalised, refocusing its business to a ...

French ISP Vitis improves triple-play bundle with 4K content

Published 07 Nov 2017 09:25 CET | France
Vitis, a fibre ISP specialising in French public-initiative networks (known as RIP, 'Reseaux d'Initiative Publique'), has ...





Calendar   /   Industry Events

22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Mellanox Technologies Q2 2019
24 Jul Netgear Q2 2019
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Line Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul Alphabet Q2 2019
25 Jul STMicroelectronics Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
::: More Calendar Items