Dalet Revenue up 1 Percent in Q3 2013

Posted by Joe Zaller
Oct 30 2013

MAM and newsroom specialist Dalet reported that its revenue in the third quarter of 2013 was revenues of €9.1m, up 1% versus the same period last year.

The company said that its order intake during the quarter jumped by 25% versus the same period a year ago thanks to “a combination of orders in key markets for the company such as the US and Russia as well as the realization of the company’s first orders in Korea.”

Gross margins in the quarter were 85%, up from 84% during the third quarter of 2012.

 

On a product basis:

  • Asset management revenue was €2.37m, or 26% of total revenue in the quarter

 

  • TV Newsroom systems was €4.28, or 47% of total revenue in the quarter

 

  • Sport solutions revenue was €546,000, or 6% of total revenue in the quarter

 

  • Radio solutions revenue was €1.46m, or 16% of total revenue in the quarter

 

  • Integration revenue was €364,000, or 4% of total revenue in the quarter

 

 

On a geographic basis:

  • Revenue in Europe was €4.91m, or 54% of total revenue in the quarter

 

  • Revenue from the Americas was €3.18m or 35% of total revenue in the quarter

 

  • Asia-Pacific revenue was €455,000 or 5% of total Q3 2013 revenue

 

  • Middle-East Africa revenue was €637,000, or 7% of total revenue in the quarter

 

 

Year-to-Date Results:

Revenue for the first nine months of 2013 was €24.4m, up 1% versus the first three quarters of 2012.

Gross margins for the first nine months of 2013 were 86% from 84% for the same period in 2012.

The company said that its cash balance at the end of the third quarter of 2013 was €5.2m, up €800,000, and that its debt remained stable.

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Related Content:

Press Release: Dalet Announces Revenues for the Third Quarter of 2013

Previous Quarter: Dalet Up 7 Percent in Q2 2013 Thanks to Big Jump in Americas Revenue

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