Netgem posts strong results

French IPTV technology specialist and service provider Netgem has reported its last full-year results to include its recently spun-off VideoFutur hybrid on-demand service.

Netgem reported operating income of €30.6m, up 100% year-on-year, based on revenues of €146.2m, up 46%. VideoFutur posted an operating loss of €6.8m for the year, based on revenues of €14.9m.