Revenue for Q1 was up 25% to $204.9M
October 29, 2007
NEW YORK and LONDON -- HIGHLIGHTS
Revenue for first quarter up 25% to $204.9 million
Operating income for first quarter up 31% to $58.3 million
Diluted net income per share up 30% to $0.79 per share
78.6 million active digital TV smart cards
69.9 million cumulative middleware clients deployed
8.8 million cumulative DVR clients deployed
NDS Group plc ("NDS" or the "Company") (Nasdaq: NNDS - News), a majority-owned subsidiary of News Corporation that supplies open end-to-end digital technology and services to digital pay-television platform operations and content providers, announced today its results for the first quarter ended September 30, 2007.
Commenting on NDS's performance, Dr. Abe Peled, Chairman and Chief Executive Officer of NDS said, "Our business has seen continued strong performance across the board as our deliveries of new technology grew strongly and our deployments in developing markets continued to gather momentum. NDS continues to expand its R&D and delivery organizations across the world to meet customer demand for new projects, many of which will yield revenue only from the next financial year onwards. NDS is investing in R&D as well as selected acquisitions to ensure that it will be in a position to offer the leading solutions to its customers in the rapidly changing media delivery landscape."
NDS Ltd.
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