News Analysis

Tysons Corner, Va., Feb. 20, 2019 — Intelsat S.A. (NYSE: I) reported today total revenue of US$ 542.8 million and net loss of US$ 111.3 million for the three months ended December 31, 2018. For the year ended December 31, 2018, Intelsat reported total revenue of US$ 2,161.2 million and net loss attributable to Intelsat S.A. of US$ 599.6 million.

Paris, France, Feb. 15, 2019 — Eutelsat Communications reported a drop in revenues to US$743.42 million (€658.1 million), down 4.4 %, in the first half of 2018-2019, compared to the same period last year, but the company maintained a high level of profitability with earnings before interest, tax, depreciation and amortization (EBITDA) of US$585.61 million (€518.4 million), or EBITDA margin at constant currency of 79%.

Petah Tikva, Israel, Feb. 12, 2019 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) has reported a drop in quarterly revenues to $69.7 million, compared with $82.7 million in Q4 2017, and a full year 2018 revenues of US$ 266.4 million versus US$ 282.8 million in 2017.

Acton, Mass., Feb. 11, 2019 — Video delivery platform leader SeaChange International (NASDAQ: SEAC) has announced that it has acquired privately-held Xstream A/S, an over-the-top video and TV cloud platform provider based in Copenhagen, Denmark and Warsaw, Poland. SeaChange paid US$ 4.6 million in cash and 541,738 shares of SeaChange common stock, for a total transaction value as of February 6, 2019 of US$ 5.5 million.

Cambridge, Mass., Feb. 12, 2019 — NSR’s Emerging Space Markets Analysis, 2nd Edition (ESMA2) report, released today, tracked over US$ 17.8 Billion invested in Emerging Space companies from 2000-2018 for the more than 600 companies founded over that period. The last 2 years (2018 and 2017 combined) saw tremendous growth with more than US$ 7 Billon+ investment in Emerging Space companies.

Nonthaburi, Thailand,  February 8,  2019 — Thaicom Public Company Limited (THCOM), Thailand’s first satellite operator, reported a consolidated net profit of US$7.31 million (Baht 230 million), an improvement from last year’s net loss of US$84.26 million (Baht 2,650 million). Thaicom said the recovery can be attributed to the recognition of gain from sales of shares of CS Loxinfo Public Company Limited (CSL), a decrease in depreciation and amortization after the recognition of satellite assets impairment in 2017, and an improved cost management.

Kourou, French Guiana, Feb. 5, 2019 — Ariane 5 placed the geostationary satellite 1/Hellas Sat 4 (HS-4/SGS-1) and GSAT-31 telecommunications satellites into geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana).

Hickory, NC, Feb. 1, 2019 — CommScope (NASDAQ: COMM), a global leader in infrastructure solutions for communications networks, has agreed to acquire ARRIS International plc (NASDAQ: ARRS), a global leader in entertainment and communications solutions, in an all-cash transaction for $31.75 per share, or a total purchase price of approximately US$ 7.4 billion, including the repayment of debt.

Saint Gregoire, France, Jan. 31, 2019 — AVIWEST, a global provider of video contribution systems, announced today that the company saw a 20 percent acceleration in purchase order growth in 2018. AVIWEST also announced it will be expanding across the United States, Europe, and India, with new engineering positions currently open in the company's R&D, support and pre-sales, and sales departments.

Chicago, Ill., Jan. 30, 2019 — Boeing Company [NYSE: BA] has reported fourth-quarter revenue of US$ 28.3 billion and GAAP earnings per share of US$ 5.93 on record commercial deliveries, higher defense and services volume, and strong performance. In the company’s Defense, Space & Security segment, fourth-quarter revenue increased to US$ 6.1 billion driven by increased volume across F/A-18, satellites, and weapons. Fourth-quarter operating margin increased to 10.9 percent, primarily reflecting favorable mix.