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Netgem revenue drops 15% to EUR 20.5 mln in Q3

Thursday 9 October 2014 | 08:41 CET | News
French STB maker Netgem reported consolidated revenue down 15 percent to EUR 20.5 million in the third quarter, compared with EUR 24.2 million in the third quarter of 2013. Within the total, the Netgem TV division's sales decreased by 14 percent to EUR 9.1 million and the NetBox division's sales declined by 16 percent to EUR 11.4 million. Netgem's revenue rose 1 percent to EUR 58.3 million in the first nine months of the year. The company announced two new contracts, the provision of the EE TV smart box to UK operator EE by Netgem TV as a service officer, and the supply of a TV service for

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Categories: Broadcast & Satellite / Internet
Companies: Netgem
Countries: France / World
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