NDS Reports Revenue, Profit Up For Third Quarter
[Satellite Today – 5-1-08] Digital technology and services provider NDS Group PLC posted revenue gains of 20 percent for the third quarter of 2008, the company announced May 1.
NDS reported $213.3 million in revenue for the quarter ending March 31, compared to $178.4 million in 2007. The company also reported $36.3 million in income, up 24 percent from 2007’s $29.2 million.
“This has been another good quarter for NDS," Abe Peled, chairman and CEO of NDS, said in a statement. "We are particularly pleased with our continuing progress on entering the German pay-TV market and our additional wins in India. … We continue to invest in our business to support our customers and offer them the technologies and business solutions to allow them to remain competitive in the evolving media distribution landscape.”