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

Viamedia, a local video and digital advertising platform, said that its ongoing antitrust lawsuit against Comcast appears to be heading to trial.

Altice USA has struck a deal with Apple that will allow its video subscribers to buy an Apple TV 4K device from the provider and access Altice One.

WOW! is offering its broadband customers in Charleston access to Sling TV, fuboTV, YouTube TV and Philo.