Pace Releases Latest Results

Pace Micro Technology, a supplier of set-top boxes to satellite pay-TV operators, posted a profit of 1.4 million British pounds ($2.76 million) in the six-month period that closed Dec. 2, Pace announced Feb. 5.

Shipments of set-top boxes reached 1.8 million, up 60 percent over the same period in 2005. Pace’s results were boosted by a strong recent performance in North America, which contributed 50 percent to Pace’s overall revenues. Pace has U.S. deals in place with Comcast and DirecTV.