Orad Hi-Tec Systems Ltd: Orad Hi-Tec Systems Q1 2009 figures
The gross profit margin developed positively, climbing to 70 percent in Q1 2009 and beating last year's figure of 67 percent. Cash was recorded at US$14.5 million and remained at last year levels.
The development of business in the past months was driven by two effects. On the one hand, the international crisis triggered a decline in the field of graphical solutions, while on the other hand Orad recorded a significant increase in the area of virtual studios. As the market leader in this business Orad is able to offer a broad range of solutions for differing budgets to benefit from this development.
The full Q1 report is available on the internet at www.orad.tv.
ORAD Hi Tec Systems GmbH
Orad Hi-Tec Systems is a world leading provider of real time 3D broadcast graphics solutions, including; news, channel branding, sports production and enhancement, special events and elections, virtual studios, and virtual advertisement. Orad's compelling solutions streamline production workflow, enhance viewer experience and improve production value.
Founded in 1993, Orad is a public company listed on the Frankfurt Stock Exchange (OHT).
For more information, visit www.orad.tv