NDS Group plc reports Second Quarter Results
Earnings Release for the Quarter Ended December 31, 2007
- Revenue for second quarter up 30% to $214.9 million; six-month revenue up 28% to $419.8 million
- Operating income for second quarter up 32% to $49.5 million; six-month operating income up 31% to $107.8 million
- Diluted net income per share for second quarter up 31% to $0.68 per share; six-month diluted net income per share up 31% to $1.48
- 82.7 million active digital TV smart cards
- 76.4 million cumulative middleware clients deployed
- 10.4 million cumulative DVR clients deployed
NDS Group plc (“NDS” or the “Company”) (NASDAQ: NNDS), a majority-owned subsidiary of News Corporation that supplies open end-to-end digital technology and services to digital pay-television platform operators and content providers, announced today its operating results for the quarter ended December 31, 2007.
Commenting on NDS’s performance, Dr. Abe Peled, Chairman and Chief Executive Officer of NDS said, “NDS is benefiting from the long-term investments we have made in R&D, which have resulted in our clear leadership in security, middleware and DVR technologies for pay-TV. This has allowed us to continue and expand our long-standing relationships with our established customers and also to win new ones. We are particularly proud of having passed the 10 million DVR milestone with our XTVTM technology, in which we started investing in 1998. We are also gratified by the performance of our Orbis subsidiary, where our OpenBetTM platform that offers single account gaming across multiple applications has been well received and has been adopted by key new customers over the last year. Furthermore, our acquisition of NT Media and our subsequent investments have allowed us to offer a number of innovative original games that have been very successful, and helped establish the OpenBet platform.
“NDS continues to invest to insure that our customers will have the solutions they will need to take advantage of the new opportunities presented by augmenting broadcast delivery with the increasingly ubiquitous broadband IP delivery of entertainment.”
The complete Q2FY08 results can be downloaded here: http://www.susbauer-pr.de/...
Dr. Abe Peled, Chairman and Chief Executive Officer, and Mr. Alex Gersh, Chief Financial Officer, will host a conference call to discuss this announcement and answer questions at 9.00 a.m. New York time (2.00 p.m. London time) on Tuesday, January 29, 2008.
U.S. toll free: 1 866 832 0717
U.K. freephone: 0800 073 8967
International dial-in: +44 (0)1452 562 716
Replay (available for seven days)
U.S. toll free replay: 1 866 247 4222
U.K. replay: 0845 245 5205
International replay: +44 (0)1452 550 000
Replay passcode: 28132973#
The live webcast and conference call will be available at: http://investor.shareholder.com/... starting at 9.00 a.m. New York time (2.00 p.m. London time) on Tuesday, January 29, 2008. Please register for the event now by clicking on the “Second Quarter Results 2008” link on that page. For those of you who are not able to attend this live broadcast online, the presentation will be recorded and available on the same page three hours following the original broadcast.
An audio replay will also be available on the NDS website (www.nds.com) from approximately 12.00 noon (London time) on January 30, 2008.
NDS Group Ltd.
NDS Group Ltd. creates the technologies and applications that enable pay-TV operators to securely deliver digital content to TV STBs (set-top boxes), DVRs (digital video recorders), PCs, mobiles and other multimedia devices. Over 90 of the world’s leading pay-TV platforms rely on NDS solutions to protect and enhance their business.
NDS’ VideoGuard® is the world’s market-leading content and service protection solution, deployed in 114 million pay-TV households. VideoGuard conditional access (CA) and digital rights management (DRM) technologies safeguard pay-TV service revenues exceeding $50 billion. NDS middleware, which enables a host of advanced services for subscribers, has been deployed on 206 million devices. NDS DVR technology, centred around XTV™, is a leader in the global industry with 45 million units deployed. (Deployment figures as of 30th September 2011).
Headquartered in the UK, with over 5000 employees, NDS remains committed to investing in technology and development with over 75% of its employees dedicated to pioneering work at development centres in France, India, Israel, Korea, UK and US.
NDS Group Ltd. is a private company owned by the Permira Funds and News Corporation. See www.nds.com for more information
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