Google surges despite YouTube ad controversy

Google’s parent company, Alphabet, reported large growth in both revenues and profits, driven by gains in its core advertising business. The results showed little signs of impact from YouTube’s recent ad controversy, which saw some advertisers pull budget away from the site after it was revealed that, in some instances, they appeared alongside extreme or […]

Arqiva reports record revenues and earnings

UK broadband infrastructure firm, Arqiva, announced record revenues and earnings for the year ended 30 June 2016. The company reported revenues of £884.7 million, EBITDA of £424.4 million and free cash flow of £226.6m, up 22.7%. “I am delighted with the progress the group has demonstrated during Simon Beresford-Wylie’s first full year as CEO,” said […]

SES hit by impact of German analogue switchover

Satellite operator SES’s first quarter financials were hit by the impact of last year’s analogue switch-off for comparison purposes, with revenue of €440.8 million 2.1% down on the same period in 2012. SES said that, excluding the impact of German analogue switchover in April last year, revenue was 5.7% higher than the comparable period. Revenue […]

ITV sees broadcast and online growth

UK commercial broadcaster ITV’s broadcast and online segment posted revenues up 6% at £465 million (€547 million). Overall, ITV’s revenues grew 1% to £571 million. “As we anticipated, the quarterly pattern of demand from advertisers in 2013 is very different to 2012 although we expect it to even out over the course of the year. […]

Intelsat posts small increase in revenue

Satellite operator Intelsat has posted a small year-on-year increase in revenue for the first quarter. The company’s sales for the three months to March totalled US$655.1 million (€498.9 million), up 2%. Intelsat posted a loss of US$7.8 million for the period and EBITDA of US496.8 million. The company’s contracted backlog at the end of March […]

Scripps posts solid earnings

Scripps Networks Interactive reported solid first quarter earnings with operating revenues up across all of its channel brands.  Food Networks, its biggest contributor, saw operating revenues climb 4.8% to US$208m (€158 million), while the biggest increase was for the Cooking channel, which saw revenues increase 32.7% to US$26.3 million. Overall, the firm’s revenues for the […]