Eutelsat Communications on Tuesday reported a 5.1 percent increase in revenues to €1,284 million (US$1,703 million) and operating income before depreciation and amortization (EBITDA) of €995.3 million (US$1,320.22 million) equivalent to 77.5 percent margins for fiscal year 2012-2013.

The board recommended dividends of €1.08 (US$1.43) per share representing a payout of 67 percent.

The favourable results prompted the company to raise outlook to over 2.5 percent revenue growth for 2013–2014 and an average of over 5 percent for the two following years until 30 June 2016.

British set-top box maker Pace Plc said profits in the first half more than tripled, driven by continuing demand for its media-server products in North America and Latin American markets, which offset some softness in Europe.

Revenue grew 31 percent to $1.318 billion compared with $1.006 billion at this point last year. Profit rose by $35.1 million (57 percent) and adjusted EBITA rose to $96.7 million, delivering $92 million of free cash flow, a 95.1 percent adjusted EBITA to cash conversion ratio.

Hughes Network Systems announced today that it has achieved carrier data rates exceeding 1 Gbps on its JUPITER System. Hughes believes this achievement to be a technology first for High Throughput Satellite (HTS) systems, resulting in more subscribers per satellite and greater capacity per subscriber.

TeleCommunication Systems, Inc. (TCS)  reported results for the second quarter ended June 30, 2013. Revenue was US$ 92.8 million, down 19% due mainly to lower government pass-through sales. Gross profit was up 4% to US$ 35.9 million.

Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation) was US$ 6.9 million, down 17% from US$ 8.4 million (see discussion about the presentation of adjusted EBITDA and adjusted net income, both non-GAAP terms, below).

SES S.A. reported slightly higher revenues of €910.5 million (US$1.207 billion) for the first six months of the year compared to the same period last year, and a flat operating profit of €408.6 million (US$541.85 million) during the first half of the year compared to €411.5 million (US$545.78 million) during the same period last year.

Northrop Grumman reported earnings and revenues that surpassed analysts' expectations, posting a 1.7 percent rise in second-quarter earnings as the defense company posted modestly stronger revenues. Northrop reported a profit of US$ 488 million, or US$ 2.05 a share, up from US$ 480 million, or US$ 1.88 a share, a year earlier.  Revenue increased to US$ 6.29 billion from US$ 6.27 billion a year ago.

Boeing Co. reported  second-quarter profit increased 13 percent to US$ 2.0 billion from the same period last year driven by strong performance across the company's businesses, particularly sales of sales of commercial airplanes and exports of military equipment.

Lockheed Martin Corp. reported on Tuesday profits rose by 10 percent to $859 million during the second quarter, prompting the company to raise its profit guidance for the year.

Telenor has reported a return to revenue growth after strong performances in India, Thailand and Sweden. In the second quarter of 2013 Telenor Group reported revenues of US$4.37 billion (NOK 25.7 billion), representing an organic revenue growth of 2 percent. The company saw zero organic revenue growth in the first quarter.

The Brazilian Society of Television Engineering (SET) and the National Association of Broadcasters (NAB) announced today that NAB President and CEO Gordon Smith will deliver the keynote address at the opening ceremony of SET 2013, on August 20, in São Paulo, Brazil.

SET 2013, SET's annual conference, is held concurrently with Broadcast&Cable, an extensive equipment and technology show, August 19-22. This annual event is the largest and most significant convention for broadcast and digital media professionals in South America attracting more than 10,000 attendees.