03.04.2009 12:10 PM
Harris Write-down Results in Loss on Higher Revenues
Fiscal 2Q09 revenue in the Harris Broadcast Communications segment was flat compared to the previous year, at $163 million. Operating income was $12 million at a 7.4 percent margin, compared to $8 million the previous year.

Harris sold more transmission systems in the quarter, "driven by the over-the-air digital TV transition in the U.S. and Brazil," the company said. Infrastructure and networking solutions and workflow software was strong internationally, but offset by weak demand in North America.

Orders in the United States "slowed significantly" during the first half of Harris's fiscal 2009, ending Jan. 2, 2009. Conditions are expected to persist "during the next several quarters."

The international picture is rosier for Harris, which has several large pending projects, including orders for its ONE solution from Qatar, Iraq, India, Australia, Lebanon, Turkey, Nigeria, Russia, Bulgaria, Slovenia, Italy, Germany, Belgium, Switzerland, and Mexico.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

Featured Articles
Discover TV Technology