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Today's financial roundup

Thu, 10/25/2001 - 8:00pm
Anne Kerven

Concurrent Computer Corp. 's VOD revenue from its XSTREME unit reached $3.5 million in its Q1 2002, compared with $5.4 million a year ago. Real-Time Unit revenue was $10.6 million, compared with $10.9 million a year ago. Revenue overall for the quarter was $14.1 million — down from $16.3 million a year ago. Concurrent's net losses widened considerably — from $1.8 million last year to $3 million in the most recent quarter. …

OpenTV's Q3 net loss jumped to $118.5 million, or $1.71 a share, from $83.4 million, or $1.49 a share, a year ago. Total revenue for the quarter reached $25.1 million, compared with $18.7 million for the same period last year. …

WorldGate Communications Inc. narrowed its net loss to $7.4 million, or 31 cents a share, compared with $12.9 million, or 57 cents a share, a year ago. Revenue, however, fell to $3.8 million from $6.6 million for the same period last year. WorldGate says the revenue does not reflect certain sales that, because of contractual agreements, it couldn't classify as revenue. …

EchoStar Communications Corp. reports revenue of about $1.02 billion in Q3, compared with $698 million a year ago. Net income reached $3 million, up from a $142 million net loss a year ago. EchoStar says its results reflect accounting adjustments related to its September investment in StarBand Communications Inc.

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