Hughes 4th quarter and end of year financial results.

HCI

SatelliteGuys Pro
Original poster
Jun 19, 2005
2,580
1
land of the ice and snow
I remember a while ago ALOT of people were saying that Hughes was doomed and the other companies were cutting into their revenue and the company was finished and bla, bla, bla. If you remember I keep telling to the naysayers Hughes would be fine and they were trying to spread false propaganda. Well told ya so. ;)

http://www.hughes.com/HUGHES/Doc/0/7E8K3F26IFJ49ELFC14OL0DJ23/HCI_Q4_full_year_2007_results.pdf


“HNS delivered strong financial results in 2007,” said Pradman Kaul, president and chief executive officer. “Revenues increased by 13% over 2006 to $970 million and our profitability in 2007 was also very strong. Operating Income for the year was $90 million, a growth of 56% over 2006; EBITDA* increased by 28% to $139 million in 2007 over 2006, and Net Income increased by 161% to $50 million. All of the segments showed robust growth. The major revenue growth contributors were the consumer, international and the mobile satellite markets with growth rates of 13%, 11% and 77% respectively in 2007 over 2006. The consumer base grew to 379,900 subscribers at December 31, 2007, a growth of 16% over the subscriber base at December 31, 2006. Our North America and International enterprise groups provided a solid revenue base contributing in aggregate over half of HNS’ total revenue in 2007. I am also very pleased to report that we were awarded a record $1.1 billion of new orders in 2007 representing a growth of 30% over 2006.”
“These impressive full-year results were a result of sustained quarterly performances, including a strong fourth quarter,” continued Kaul. “We grew fourth quarter 2007 Revenues by 15%, Operating Income by 39% and Net Income by 95% over the fourth quarter of 2006. The revenue growth engines in the fourth quarter of 2007 were the consumer, international, and mobile satellite markets with growth rates of 14%, 25% and 52% respectively over the fourth quarter of 2006. We were awarded $333 million of new orders in the fourth quarter of 2007, including significant orders from Camelot, State Bank of India, Best Western, Sherwin Williams, Walmart, Blockbuster, Hess, BP, Harris and Hughes Telematics.”
 

help with wiring cable

Clearwire - Works Well for Me

Users Who Are Viewing This Thread (Total: 0, Members: 0, Guests: 0)

Who Read This Thread (Total Members: 1)