Today broadcast graphics, asset management (and now streaming technology for mobile) provider Vizrt posted their results for Q4 and FY09.
Revenue for the full year was down 13% versus 2008, but revenue in Q4 was up 26% versus the previous quarter, and up 11% y/y versus the same period a year ago.
In the earnings announcement (link below) the company attributed some the increase in Q4 revenues to an improvement in market sentiment, saying “The end of the year revenues came back as it used to be some years ago. The “Christmas shoppers” showed us signs that the media houses once more feel comfortable with the markets going forward.”
Also in the announcement, company CEO Bjarne Berg issued a relatively upbeat statement that touched on all aspects of the company’s business including graphics for HDTV & 3D, MAM, online and streaming. Berg finished by saying “Overall, the company’s immediate goal is to return to the kind of revenues and multiples that we used to achieve before the collapse of the financial markets. It is not an easy task but it is certainly possible and, though perhaps too early to be firm on this, the signs are positive.”
And a link to the full management presentation to investors, which provides in-depth financial detail as well as an outlook for each of the company’s businesses.