TV technology provider Netgems half-year performance was boosted by international sales, while the company saw revenues in its domestic French market fall.
Netgem posted half-year revenues of Â74.3m, up 6% on the same period last year. International sales grew from almost nothing to Â12.3m following the creation of Netgem Australia and the companyÂs deal to supply Telstra with IPTV equipment and services. Sales in France, however, dropped by 11% to Â62m.
Earlier, Netgem spun off its domestic service provider arm, VideoFutur, to concentrate on its core technology activities.
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23 July 2021 @ 19:30:00 UTC