Broadcast News

Bookmark and Share
31/07/2003

Pinnacle reports record sales for Q4 and year end

Pinnacle Systems have announced financial results for the fourth quarter of fiscal 2003, which ended June 30, 2003.
"We finished the year with a strong fourth quarter," said J. Kim Fennell, Pinnacle Systems' President and Chief Executive Officer. "Sales were at an all-time high for the Company, for both the fourth quarter and the full fiscal year. We were particularly pleased with the strong performance of our broadcast business where we took orders of advanced IT based systems from over 100 different broadcasters in the quarter. We balanced that with superb results in our Business and Consumer division increasing sales 67% over the same quarter last year.
"We are continuing to see unique benefits from our strategy to address the digital video needs of customers all the way from beginners to broadcasters."
Net sales for the Pinnacle's full year of fiscal 2003 were $331,000,000, a 43% increase over net sales of $231,791,000 in fiscal 2002. Net sales for the fourth quarter of fiscal 2003 were $89,339,000, a 37% increase over net sales of $65,021,000 in the fourth quarter of last year.
(GB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

10/03/2023
TSL Unveils MPA1-MIX-NET
TSL is helping broadcasters migrate to IP infrastructures with the introduction of the MPA1-MIX-NET. Building on the success of its MPA1-MIX family of
30/07/2002
Pinnacle report results for fourth quarter
Pinnacle Systems have announced financial results for the fourth quarter of fiscal 2002, which ended June 30, 2002. Net sales for the fourth quarter w
04/02/2011
BBC Radio 5 Celebrates 'Million'
BBC Radio 5 Live added nearly a million listeners in the last year to post its biggest ever audience of 7.09m, according to figures published by RAJAR
24/01/2002
Pinnacle Systems reports improving results
PINNACLE Systems have announced financial results for their second quarter of fiscal 2002, which ended December 31, 2001. Net sales for the second qua
24/01/2003
Pinnacle Systems report record results
Pinnacle Systems have released their financial results for the second quarter of the 2003 financial year, which ended December 31, 2002. Net sales for
31/10/2003
Pinnacle Systems report results for first quarter 2004
Pinnacle Systems have announced financial results for the first quarter of fiscal 2004, which ended September 30, 2003. Net sales for the first quarte
21/08/2006
Chyron Corporation announce increased profits
Chyron Corporation announced that for its second quarter, the Company generated net income of $1.7 million on revenues of $8.6 million. For the first
21/04/2023
Magnifi Scoops NAB Product Of The Year Award
Magnifi has been awarded the prestigious 2023 NAB Product of the Year award in the AI and machine learning category for its flagship product, Magnifi
20/04/2023
MCX8000 Wins Product Of The Year Award At NAB 2023
ST Engineering iDirect's MCX8000 has won Product of the Year Award at NAB 2023. Broadcasters today are looking to lower CAPEX and OPEX and to be more
22/01/2001
MEDIA 100 REPORTS FOURTH QUARTER RESULTS
MEDIA 100, providers of software, systems and services for streaming media on the Internet, have reported results for their fourth quarter and fiscal
11/03/2024
Grass Valley Appoints VP Of Sales For The EMEA Region
Grass Valley has appointed Mark Gardner as Vice President of Sales for the Europe, Middle East, and Africa (EMEA) region. With a career spanning over
23/01/2004
Maxtor Corporation reports strong financial results
Maxtor Corporation has announced its financial results for the fourth quarter ended December 27, 2003. Revenue for the quarter was $1.171 billion. The
28/10/2010
BBC Radio Tunes Into RAJAR Boost
The BBC's Radio Ulster remains the number one listened to radio station in Northern Ireland. It has returned an average weekly audience of 507,000 lis
20/10/2023
RTI Appoints New Regional Sales Manager
RTI has appointed Brittany Delgado as its new regional sales manager. Delgado will oversee sales activities in the central US region for both RTI and
18/10/2023
TAG Appoints Experience Professionals To Its US Sales Team
TAG has announced the addition of two highly experienced professionals to its U.S. sales team. Ryhaan Williams and Trevor Skogsbergh have both joined