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M2M News ArchivesPosts Tagged ‘results’
Numerex Reports Third Quarter 2011 Financial Results
Posts Year-to-date Subscription Growth of 22%, Third Successive Quarterly Increase in GAAP Net Earnings Numerex Corp (NASDAQ: NMRX), a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its third quarter ended September 30, 2011. "Numerex delivered another solid performance in the third quarter with 22% growth in its M2M subscription base and 15% growth in recurring revenues compared to the third quarter of last year. We finished the [...]
Gemalto reports 43M€ revenue in M2M operations for 3rd Quarter 2011
Gemalto reports third quarter 2011 revenue with +36% year-on-year growth in M2M. Revenue of main segments¹ up by 7% at constant exchange rates. Secure Transactions grows by 22% Strong NFC and LTE Software & Services developments in Mobile Communication Objectives for 2011 confirmed Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security recently announced its revenue for the third quarter of 2011. Gemalto Revenue for Ongoing Operations Gemalto Ongoing operations Mobile Comm. M2M² Secure [...]
Option reports First Half Year 2011 results
Option N.V., the wireless technology company, today announced its results for the first half fiscal year ended June 30, 2011. The financial information reported in this release is presented in Euros and has been prepared in accordance with the recognition and measurement criteria of IFRS as adopted by the European Union. The accounting policies and methods of computation followed in the attached financial statements are the same as those followed in the most recent annual financial statements. The company released its IAS 34 interim [...]
Novatel Wireless Second Quarter 2011 Financial Results
Revenue Increases 90 Percent from First Quarter; 64 Percent from Prior Year Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of wireless broadband access solutions, today reported preliminary financial results for the second quarter ended June 30, 2011. 2Q 2011 2Q 2010 1Q 2011 Revenue $118.0M $71.8M $61.8M GAAP Net Income (Loss) $(3.9M) $(22.0M) $(22.1M) GAAP EPS (Loss) $(0.12) $(0.70) $(0.69) Non-GAAP Net Income (Loss) $(0.9M) $(4.3M) $(17.8M) Non-GAAP EPS [...]
Sierra Wireless Reports Second Quarter 2011 Results
Revenue in the second quarter 2011 of $139.9 million, in-line with guidance Non-GAAP loss from operations of $0.8 million and diluted loss per share of $0.03 Core M2M revenue up 14% year-over-year Mobile Computing business launching new 4G LTE AirCard® products in Q3 Company expects significant sequential revenue growth in the second half Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported second quarter 2011 results. All results are reported in U.S. dollars and are prepared in accordance with United States [...]
Numerex Reports Second Quarter 2011 Financial Results
Company Posts 23% Subscription Growth, GAAP Profitable, Reaffirms Service Guidance Numerex Corp (NASDAQ: NMRX), a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its second quarter ended June 30, 2011. "Numerex continued with a solid performance in the second quarter, ending the first half of the year well positioned to benefit from the launch of a number of new product lines and the initiation of key client projects," stated [...]
Rogers Reports Second Quarter 2011 Financial and Operating Results
Second Quarter Revenue up 3% to $3.1 Billion, Adjusted Operating Profit Grows 4%, Adjusted Diluted EPS up 8% to $0.85, $559 Million of Free Cash Flow Generated; Wireless Subscribers up 135,000 Driven by Record Number of New Smartphone Customers, While Wireless Data Revenue Growth Strong at 31% and Network Margins at 47%; Cable Operations Adjusted Operating Profit Increases 17% Driving Margins to 48% on Continued Subscriber Growth and Cost Efficiencies; Media Revenue up by 13% Reflecting Top Line Growth Broadly Across Portfolio. Rogers [...]
Record Revenue in the Third Quarter of Fiscal 2011 for Digi International
Digi International® Inc. (NASDAQ: DGII, www.digi.com) reports a $54.3 million revenue for the third quarter of fiscal 2011. Financial highlights for the third quarter of fiscal 2011 include: Revenue of $54.3 million in the third quarter of fiscal 2011 grew by 14.9% compared to the third quarter revenue of $47.2 million for fiscal 2010 and by 9.2% compared to the second quarter revenue of $49.7 million for fiscal 2011. Digi’s revenue of $54.3 million in the third quarter of fiscal 2011 is the [...]
RF Monolithics Reports Recovery in Sales and Continued Earnings in Its Third Quarter
RF Monolithics, Inc. reported sales of $8.3 million for its third quarter ended May 31, 2011, representing a 9.3% increase from $7.6 million in sales for the second quarter of the current year but a 4.9% decrease from $8.7 million in sales for the third quarter of FY 2010. For the first three quarters of fiscal 2011 sales were $24.4 million, compared to sales of $25.1 million for the first three quarters of the prior year. The Company reported third quarter net income of $72,000 or $0.01 per [...]
Iridium Announces First-Quarter Results ; 62% growth in M2M
Iridium Communications Inc. ("Iridium") today reported strong financial results for the first quarter of 2011 and updated its outlook for the full-year 2011. Net income was $8.3 million for the first quarter of 2011, as compared to a net loss of $1.3 million for the first quarter of 2010. Operational EBITDA ("OEBITDA") for the first quarter was $43.1 million, as compared to $33.5 million for the prior-year period, representing year-over-year growth of 29 percent and an OEBITDA margin of 47 percent. OEBITDA benefited from solid growth [...]
