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NDS rolls through second quarter

Tue, 01/29/2008 - 7:47am
Brian Santo

NDS announced increased revenue and net profit in its fiscal 2008 second quarter, which ended Dec. 31, and also announced a new customer – Aster, a triple-play provider in Poland. Aster will use NDS’ technology to secure its digital TV platform.

NDS’ Q2 revenue was up 30 percent, to $214.9 million, while its net income increased to $40.4 million, up from $30.3 million a year ago.

The company said it now has 82.7 million active digital TV smart cards deployed, along with 76.4 million (cumulative) middleware clients deployed and 10.4 million (cumulative) DVR clients deployed. NDS Chairman and CEO Abe Peled said: “We are also gratified by the performance of our Orbis subsidiary, where our OpenBet platform that offers single account gaming across multiple applications has been well received and has been adopted by key new customers over the last year.

“Furthermore, our acquisition of NT Media and our subsequent investments have allowed us to offer a number of innovative original games that have been very successful and helped establish the OpenBet platform.”

More Broadband Direct:

• Rentrak signs up 8 MSOs for VOD measurement system 

• TVS announces first customer for digital cable solution 

• BendBroad band selects Amdocs for triple-play billing 

• NDS rolls through second quarter 

• Juniper unveils EX line of Ethernet switches 

• Harmon ic sends encoders to Korea, hooks up with Lifetime 

• Broadband Briefs for 1/29/08

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