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

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?



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

OTT


Add comment

Please login or register to leave a 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

25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct Digital Realty Q3
26 Oct F5 Networks fiscal Q4
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct Twitter Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
26 Oct FCC meeting
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Twilio Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items