• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Pace maintains top spot

July 28, 2014 11.54 Europe/London By Chris Dziadul

Pace newPace’s latest set of results have reconfirmed the company as the global number one in media servers, set-top boxes and advanced telco gateways.

It also points to a strong uplift in customer premise equipment (CPE) revenue in H2 due to new product launches with key customers.

Pace has also been boosted by a number of new wins and deployments with customers such as Sky Italia, Oi, GVT and BeIn Sports.

Pace’s revenues in H1 were down 13.6% year-on-year to $1,138.9 million.

However, adjusted EBITDA was up 9.9% to $106.3 million and profit after tax by 9.3% to $55.4 million.

It expects full year profits and cash flow to be higher than previous guidance.

STB and media servers provided $893.9 million in revenues in H1, down from $1,074.6 million a year earlier.

Gateways provided $77.1 million ($190.3 million), software and services $54.4 million ($53.5 million) and networks $113.5 million (-).

North America was Pace’s most lucrative market in H1, though revenues of $699 million were down on the $838 million posted a year.

Those for Latin America and Europe were also down, but those for the rest of the world rose from $121.4 million to $137 million.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Finance, Newsline, Tech Tagged With: Pace, UK Edited: 28 July 2014 11:57

Avatar photo

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

Latest News

  • Ofcom fine for video sharing site
  • Peter Nørrelund to leave Viaplay
  • VOD catalogues: a European perspective
  • Job cuts start at Walt Disney
  • Last of Us records Sky’s biggest finale for US debut series

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q&A with Przemyslaw Frasunek, Redge Technologies

Broadband TV News speaks with Przemyslaw Frasunek, the CEO of Redge Technologies, about the CEE region OTT landscape and the most effective video security solutions.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...