Posts Tagged ‘compression’

ATEME Posts 24 Percent Revenue Gain in 2014, Provides Upbeat Outlook for 2015

Annual Results, Broadcast technology vendor financials, Quarterly Results | Posted by Joe Zaller
Feb 16 2015

Video compression specialist ATEME announced that its revenue for 2014 was €25.4m, an increase of 24% versus the same period a year ago.

The company, which raised €13.3m through Initial Public Offering last year, said 2014 was its third consecutive year of revenue growth.

The company’s full performance appears to indicate that its growth accelerated during the second half of 2014, following on from revenue of €12m during the first six months of the year.

ATEME attributed its continued growth to both new business from existing customers such as the European Broadcasting Union (EBU), the acquisition of new customers including the BBC, leading Hollywood studios, tier-1 service providers and post-production studios; and the use of its technology at major events including the FIFA World Cup.

“We have a well-established, worldwide footprint and 2014 allowed us to solidify our base for growth,” said ATEME CEO Michel Artieres. “We are now the trusted technology partner in video compression for 200 customers from around the world. We will continue with investment strategies to provide full, flexible software solutions and to become a more agile solutions provider.”

The company said it believes it is “positioned to profit from soaring worldwide video consumption,” pointing to “the launch of new ultra high-definition/4K channels in Japan, Russia and the United Kingdom in 2015” as evidence of its future potential growth prospects.

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Related Content:

Press Release: ATEME Posts Significant Growth in 2014

Ateme raises €13.3 Million through Initial Public Offering

HD World Cup Drives 22 Percent Growth for ATEME During First Six Months of 2014

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© Devoncroft Partners 2009 – 2015. All Rights Reserved.

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HD World Cup Drives 22 Percent Growth for ATEME During First Six Months of 2014

Broadcast technology vendor financials | Posted by Joe Zaller
Jul 30 2014

Video compression specialist ATEME announced that its revenue for the first six months of 2014 was €12m, an increase of 22% versus the same period a year ago.

These are the first results published by ATEME as a public company, following its €13.3m initial public offering earlier this month.

The company attributed its revenue growth during the first half of 2014 to deals with customers in EMEA and Latin America, which facilitated HD broadcasts of the 2014 FIFA World Cup. The company also said it acquired several new clients during the period, including leading Mexican broadcaster Televisa.

ATEME also disclosed that, following the 2014 World Cup, it has expanded its team in Brazil to support new customers in the run up to the 2016 Olympics in Rio.

ATEME President Michel Artières said the company continues to gain market share and that it plans to capitalize on the eventual shift to HEVC compression drive future growth.

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Related Content: 

Press Release: ATEME Sustained growth in the first half of 2014: Turnover: 22%

Ateme raises €13.3m through Initial Public Offering

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© Devoncroft Partners 2009 – 2014. All Rights Reserved.

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