NETGEM (EPA:ALNTG) - Third Quarter 2015 Revenue. Back to Growth
Transparency directive : regulatory news
08/10/2015 07:00
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Third Quarter 2015 Revenue
Back to Growth
Paris La Défense, October 8, 2015
Consolidated revenue, activity and outlook
In EUR million Q3 2015 Q3 2014 Change 9 months 9 months Change
2015 2014
Revenue 23.3 20.5 +14% 60.6 58.3 +4%
For the quarter ending September 30, 2015, Netgem announces a consolidated
revenue of EUR 23.3 million, bringing the consolidated revenue for the first 9
months of 2015 to EUR 60.6 million, a 4% growth compared to the same period in
2014.
Netgem expects the solid performance of its customers in all geographies to
continue this year end, comforting the positive growth scenario on a full year
basis.
In the last quarter, Netgem announced #TelcoTV, the new product name for its B2B
managed Internet TV service offering. Several of its existing Customers are
showing strong interest to improve their TV business models by handling to
Netgem more of the software & services part of their current and future TV
deployment, following in the steps of the successful EE TV reference deployment
in the UK.
The Company is now focusing its innovation and commercial effort on developing
#TelcoTV, by leveraging its core strengths : user experience, content
aggregation and operational excellence.
In France, Netgem is continuing to adjust and focus the Videofutur business. In
that respect, a new product, LaFibre Videofutur, has been launched in
partnership with Alsatis, a high speed regional internet provider. This product
will leverage the significant investments by underserved local communities in
the French regions to develop fiber access to their residents.
Significant events and transactions
Since the beginning of 2015, the Group purchased 239,000 of its own shares at a
price of approximately EUR 1.96. The Group owns approximately 2.1 million of its
own shares as treasury shares or about 5.2% of its capital.
Calendar of Financial Communication
- Revenue for Q4'2015: January 14, 2016, before market opening
- Results 2015 and revenue for Q1'2016: April 14, 2016, before market opening
- Annual shareholders' meeting: June 9, 2016
- Revenue and results for H1 2016: July 29, 2016, before market opening
- Revenue for Q3'2016: October 13, before market opening
About Netgem
Netgem provides Fixed and Mobile Telecom operators with #TelcoTV, a superior TV
service, offering intuitive navigation, simple access to the content consumers
love, and multiscreen viewing, in and out of the home.
With 20+ deployments in Europe, APAC, and South America, and over 5 Million
active viewers, Netgem is best placed to partner with the most innovative Telco
operators and help them win in their market.
#TelcoTV is what we do, it's TV the Telco way
Netgem is listed on NYSE Euronext Paris Compartment C (ISIN: FR0004154060,
Reuters: ETGM.PA, Bloomberg: NTG FP)