NDS Reports Revenue Drop, Biz Gains for Quarter

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NDS Reports Revenue Drop, Biz Gains for Quarter

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NDS Group on Thursday reported that revenues for its fiscal first quarter dropped 11 percent to $182.2 million. Net income for the three-month period also took a dip, to $13.384 million for the quarter, from $46.294 million reported for the same period last year.

Still, News Corp.’s TV technology unit reported respectable gains for its product lines and businesses.

NDS said 95.4 million active devices were protected by its conditional access technology at end of the period, thanks to deliveries of about 8 million, and 98.7 million middleware clients with NDS technology were in service at end of the quarter. Also, there were 14.5 million DVRs deployed with NDS technology at end of period, the company said.
 
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