NDS Group plc reports Third Quarter Results
Earnings Release for the Quarter Ended March 31, 2008
- Revenue for third quarter up 20% to $213.3 million; nine-month revenue up 25% to $633.1 million
- Operating income for third quarter up 21% to $43.3 million; nine-month operating income up 28% to $151.1 million
- Diluted net income per share for third quarter up 24% to $0.62 per share; nine-month diluted net income per share up 28% to $2.09
- 86.9 million active digital TV smart cards
- 83.1 million cumulative middleware clients deployed
- 12.1 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 March 31, 2008.
Commenting on NDS’s performance, Dr. Abe Peled, Chairman and Chief Executive Officer of NDS said, “This has been another good quarter for NDS. We are particularly pleased with our continuing progress on entering the German pay-TV market, and our additional wins in India. Our CA contract extension with Viasat and expanding the relationship to include our MediaHighway® middleware are also gratifying and clear evidence of our focus on customer support. We continue to invest in our business to support our customers and offer them the technologies and business solutions to allow them to remain competitive in the evolving media distribution landscape.”
The complete Q3FY08 results can be downloaded here:
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 Thursday, May 1, 2008.
U.S. toll free: 1 866 832 0717
U.K. freephone: 0800 953 0844
International dial-in: +44 (0)1452 562 716
Replay (available until May 6, 2008)
U.S. toll free replay: 1 866 247 4222
U.K. freephone replay: 0800 953 1533
International replay: +44 (0)1452 550 000
Replay passcode: 42914168#
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 Thursday, May 1, 2008. Please register for the event now by clicking on the ‘Third 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 for viewing on the same page three hours following the original broadcast.
An audio replay will also be available on www.nds.com from 7.00 a.m. New York time (noon London time) on May 2, 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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