Posts Tagged ‘Michel Artières’

ATEME Grows 21.5% in 1H 2016; Cites UHD Adoption

Analysis, Broadcast technology vendor financials, Quarterly Results | Posted by Josh Stinehour
Aug 17 2016

Video compression specialist ATEME announced first half 2016 revenue of €14.98 million, an increase of 21.5% versus the first half of 2015. ATEME_Black-960x218

On a quarterly basis, Q1 2016 had revenue €7.4 million, a 12.2% increase over Q1 2015.  Revenues for the second quarter of 2016 were €7.5 million, a 32.3% year-over-year improvement.

Management cited the renewed confidence of media clients as a market driver along with an accelerating adoption of 4K / UHD.  Several examples of 4K / UHD were given including TF1 and M6 broadcasting eight soccer matches from the 2016 European Football Championship and the broadcasting of the semifinals rounds of the French Open Tennis tournament.

ATEME highlighted its first major orders for the Company’s next-generation compression solution, TITAN (launched in early 2016).   Those major orders were with DirecTV and an unnamed Tier1 cable operator in the US, along with Arcana (Malaysian satellite operator) and FPT Telecom (Vietnam).

Revenue by Geography:

  • Revenues for the EMEA region during the first half of 2016 were €8.1 million, a 19.8% increase over 1H 2015. As a percentage of total sales, EMEA was 54% of revenue during 1H 2016, which compares to 55% during 1H 2015.
  • The USA / Canada region contributed revenue of €4.1 million, a 47.4% rise over the year-earlier period. USA / Canada was 27.3% percent of total sales in the period versus 22.8% during 1H 2015.
  • Latin America was responsible for €1.47 million of revenue during the first half, a slight decline of -0.7% versus 1H 2015. For 1H 2016, Latin America accounted for 9.8% of total sales, compared to 12.0% during 1H 2015.
  • Asia Pacific accounted for €1.23 million of revenue, a decline of -1.1% versus the first half of 2015. The Asia Pacific region contributed 8.2% of total sales during 1H 2016, versus 10.0% during 1H 2015.

The strong growth in the EMEA and USA / Canada regions was attributed to investments made in prior periods including the opening of a new office in Denver.

The revenue results were announced in a press release.  The full operating results will publish in late September.  In the press release ATEME expressed an expectation of reducing operating loss during 1H 2016 from the €2.5 million loss recorded in the first half of 2015.

 

Business Outlook:

Commenting on the first half results, ATEME President Michel Artieres stated, “”The first half of 2016 marked an important stage in our commercial development in the United States where activity increased by almost 50%. The contracts secured during this period confirm the potential of our new TITAN software with major operators in both the US and Europe; sales of TITAN will further underpin growth over the second half in a market driven by the rise in video consumption around the world and the increasing penetration of Ultra High Definition (UHD). As such, we are confident in our ability to continue to improve our operating performance.”

 

 

Related Content:

Press Release: Ateme 1H 2016 Results

 

 

© Devoncroft Partners 2009 – 2016. All Rights Reserved.

 

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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Ateme raises €13.3 Million through Initial Public Offering

Broadcast technology vendor financials, Quarterly Results | Posted by Joe Zaller
Jul 11 2014

Video compression specialist ATEME announced that it has raised €13.3m through Initial Public Offering.

According to the company, the offering was well received by institutional and individual investors and was oversubscribed at a rate of nearly 2.5 times the number of shares offered.

The IPO pricing translates to a market capitalization of €44.7m.

“We are very pleased with the success of our IPO and we wish to warmly thank and welcome the investors to the ATEME family,” said ATEME CEO Michel Artières. “This validates our commercial achievements in encoding the world’s most valuable video content and enhances our financial capabilities to meet the continuing high demand for our video encoding technologies. With the funds raised, we will now be able to further accelerate our research and deployment, increase our market share and consolidate our technological leadership.”

ATEME had revenue of €29.7m in 2013, up 13% versus the full year 2012. The company posted a net loss of €1m in 2013, versus a net profit of €300,000 in 2012.

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Related Content:

Press Release: ATEME Announces Successful Initial Public Offering

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© Devoncroft Partners 2009 – 2013. All Rights Reserved.

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Ateme Says its 2010 Revenue Jumped 57 Percent, Appoints New Senior Advisor

Broadcast technology vendor financials | Posted by Joe Zaller
Feb 09 2011

French video compression codec supplier Ateme said that its revenue for full year 2010 was $22m, an increase of 57% over 2009.  The company also said that it was profitable during the period, and that it achieved gross margins exceeded 60%, while putting almost 25% of revenue back into R&D.

Ateme said it had sales success in 2010 in both the established head-end and emerging over-the-top (OTT) video markets, and that sales increased in all geographic regions, including Latin America where revenue more than doubled.

The company attributed some its success to the fact that it successfully raised €6.5 from French PE firm A Plus Finance at the beginning of 2010.  Ateme said this new investment enabled it to develop and launch new products during the year.

Ateme says that it is expecting to see growth in the OTT video space in 2011, and that it has recently introduced new products to address this opportunity.

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Mills Appointed Senior Advisor

Separately, Ateme said that it has hired Brendon Mills as a Senior Advisor. Mills is the former CEO of transcoding appliance vendor Ripcode, which was sold to RGB Networks in June 2010. Ateme president and CEO Michel Artières said Mills will be tasked with helping the company expand into the video transcoding and US video technology markets.

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