Tandberg Television Q3

Last quarter, Tandberg Television quarterly revenues came in at a full 20 percent lower than analysts' expectations and many pointed to the earnings as a sign of the sluggishness of IPTV deployments--so what are they going to say now? Tandberg's Q3 earnings look stellar: Sales rose to $109.6 million, up from 91.2 million last year. Operating profits rose to $24.9 million from last year's $23.6 million. CEO Fredrik Halvorsen extolled his company's stronger than anticipated quarter because "the productivity value of video gained traction and drove rapid adoption in the US federal government."

For more on Tandberg's Q3:
- see this AFX article

Suggested Articles

YouTube TV’s price hike gives cable operators breathing room to run the next big TV race, which will be fought and won on the TV UX battleground.

Charter Communications said it will add five “Latino targeted TV networks” to its Spectrum TV lineup.

Among pay TV subscribers and broadband-only subscribers, YouTube and Netflix were among the favorite services featured in makeshift video bundles.