Briefs
By Staff -- Multichannel News, 8/24/2003 8:00:00 PM
|
Items:
C-COR.net Posts Slight Earnings Gain Broadcom to Ship Advanced Tuner Unit Study: 4 Million Are Using VOD |
C-COR.net Posts Slight Earnings Gain
State College, Pa.—C-COR.net Corp.'s net sales for the fiscal quarter ending June 27 reached $52 million, a slight gain from third quarter's $50.1 million, but substantially off the year ago figure of $69.2 million.
But its net loss narrowed from $37.2 million last year to $13.3 million this year. Most of the loss was attributed to a $6 million goodwill impairment charge and $4.6 million related to purchase accounting adjustments related to its acquisition of Philips Broadband Networks.
C-COR.net expects flat revenue growth for the current quarter, with estimates falling between $52 million and $54 million.
ADC Telecommunications Inc. reported similar results for its third quarter, ending July 31. New sales were $188.5 million a slight drop from second quarter's $192 million, but a substantial drop from the year-ago figure of $231 million. Still, the operating loss dropped to $1.2 million in the quarter, compared to $77.2 million in the year-ago period.
Sales in the broadband infrastructure group ($112.6 million) mirrored ADC's overall numbers, with a slight drop sequentially from $120 million but a big drop from last year's quarterly revenue total of $153 million. ADC is making cost cuts in order to break even on expected quarterly revenue of $180 million to $190 million going forward.
Broadcom to Ship Advanced Tuner Unit
Irvine, Calif.— Fresh from a court decision in its long-running legal battle with rival Microtune Inc., Broadcom Corp. announced it has begun shipping a new advanced digital tuner to power voice, video and data communications.
A federal judge last week ruled the new BCM3416 is not subject to an injunction issued against Broadcom in its tuner technology suit with Microtune. Substantial changes to the BCM 3416 were apparently enough to exempt it from the injunction, according to the judge.
Six of the top 10 cable-modem providers use Broadcom tuner silicon, and so far modems with the BCM3416 have passed Data Over Cable Service Interface Specification 1.0, 1.1 and 2.0 form Cable Television Laboratories Inc. In some cases, modem vendors have already started shipping units with the new tuner chip on board.
The BCM3416 chip costs $4 in 10,000-piece quantities.
Study: 4 Million Are Using VOD
Scottsdale, Ariz.— Video-on-demand is now offered in approximately 40% of U.S. cable systems and nearly 4 million subscribers are regularly hitting the play button, according to a new study by In-Stat/MDR.
Worldwide, the VOD subscriber count will rise from about 5 million by the end of this year to almost 14 million in 2007, In-Stat predicted. A recent In-Stat survey of 1,000 North American households found about 70% of respondents are aware of VOD, and the take rate for the services is about 10%.
But home-video products — including VCRs, DVD players and digital video recorders available at retail — continue to pose a competitive challenge to VOR, according to the study.
The study also found that the per-stream VOD delivery cost has fallen below $400, although some operators are still worried that the cost to provision VOD is still economically unfavorable.
No related content found.
VIEW ALL GALLERIES
