Americas Markets - Latest Developments


Luxembourg, Nov. 1 , 2018

Intelsat S.A. (NYSE: I) today reported total revenue of US$ 536.9 million and net loss attributable to Intelsat S.A. of US$ 374.6 million for the three months ended September 30, 2018.

Ottawa, Canada, Nov. 1, 2018

Telesat Canada today announced its financial results for the three and nine-month periods ended September 30, 2018. For the quarter ended September 30, 2018, Telesat reported consolidated revenues of US$173.37 million (Ca$227 million), an increase of 6% US$9.93 million (Ca$13 million) compared to the same period in 2017.

Luxembourg, Oct. 26, 2018

SES S.A. announced solid financial results for the nine and three months ended September 30,  2018 with group revenue growing, fuelled by strengthening double-digit growth at SES Networks.

Steve Collar, president and CEO, said the company’s focus on execution continues to generate strong financial performance, delivering growth in absolute and underlying revenue, “and we remain on track to deliver on our year-end financial outlook.”

HOUSTON, Oct. 26, 2018

RigNet, Inc. (NASDAQ: RNET) has announced that it will release its third-quarter earnings results after the NASDAQ Exchange closes Thursday, November 8, 2018.

This release will be followed by an earnings call for investors, Friday, November 9, 2018, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss RigNet's third-quarter 2018 results. The call will be hosted by RigNet President and CEO, Steven Pickett.

London, UK, October 25, 2018

The 21st edition of AfricaCom is shaping up to be an impressive event.  The number of speakers, visitors and exhibitors grow year on year, mirroring the expanding influence that technology, media and telecommunications (TMT) is having on the world at large.

Chicago,Ill. Oct. 24, 2018

The Boeing Company [NYSE: BA] reported third-quarter revenue of US$ 25.1 billion driven by higher defense volume and services growth. GAAP earnings per share increased to US$ 4.07 and core earnings per share increased to US$ 3.58 primarily driven by strong operating performance at Commercial Airplanes and a tax benefit related to a tax settlement. Results also reflect charges related to planned investments in the newly awarded T-X Trainer and MQ-25 programs ($0.93 per share).

San Diego, Calif., Oct. 23, 2018

Verimatrix, a specialist in securing and enhancing revenue for network-connected devices and services, has announced the acquisition of the assets that comprise the Akamai Identity Services (AIS) product from Akamai (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences.

New York, NY, Oct. 20, 2018

Total registered attendance reached 15,097 for the 2018 NAB Show New York, held October 17 and 18 at the Javits Convention Center. This represents a 6.1% increase over attendance from the 2017 event, organizers said.

The event included 300+ exhibitors, 67 of which were participating for the first time. The 2019 NAB Show New York will be held October 16 and 17.

Ottawa, Canada, Oct. 15, 2018

C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the third quarter ended August 31, 2018.C-COM said it generated revenues of CDN$ 4,002,223 and a net after tax profit of CDN$ 641,930 or 2 cents per share. This compared with revenues of CDN$ 2,341,016 and a net after tax profit of CDN$ 130,183 or 0 cents per share as reported in the same quarter of 2017, representing an increase of 71% and 393% respectively.

New York, NY, Oct. 14, 2018

Harris Corporation (NYSE:HRS) and L3 Technologies, Inc. (NYSE:LLL) have agreed to combine in an all stock merger of equals to create a global defense technology leader, focused on developing differentiated and mission critical solutions for customers around the world. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both companies, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock, consistent with the 60-trading day average exchange ratio of the two companies.