Telecomunicazioni
NETGEM : Revenue for the third quarter 2014 and outlook
Neuilly-sur-Seine, October 8, 2014
For the quarter ended September 30, 2014, Netgem announces a consolidated revenue of EUR 20.5 million, bringing the consolidated revenue for the first 9 months of 2014 to EUR 58,3 million, stable compared to the same period in 2013.
The Group is releasing two new commercial wins:
Furthermore, the Group confirms the sharp drop of its shipments to Australia in the second half of 2014 and does not anticipate any activity there in 2015 other than the maintenance of the existing park. In this context, the Group is adjusting its cost structure in accordance with the evolution of its markets.
Pro forma figures below include VideoFutur since 1 January 2013 (whereas consolidated figures only include Videofutur since April 1, 2013.)
Since the beginning of 2014,
the Group purchased 548,000 of its own shares at a price of approximately
EUR 2.3, for about EUR 1.3 million in total. The Group owns approximately 1.7 million of its own shares as treasury shares or about 4.2% of its capital.
- Revenue for the 4th quarter of 2014: Week of January 12, 2015
Netgem is a provider of solutions and services for video entertainment in the connected home.
Combining proven technology assets and expertise in content and new uses on all screens, Netgem's offers enable multi-service operators around the world to enhance and enrich the relationship with their subscribers. Netgem is present in Europe, Asia and South America with over 4 million active households worldwide. Netgem is listed on NYSE Euronext Paris, Compartment C (ISIN: Reuters: Bloomberg:
Website: www.netgem.com Twitter http://www.twitter.com/netgem/
Investor relations: Charles-Henri Dutray
E-mail: chd@netgem.com
Press Contact: Laurent Molin
Tel. : +33 (0) 6 25 74 74 20
E-mail: lmo@netgem.com
Copyright GlobeNewswire
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