Pace posts loss and warns of contract delays

gameboy

Ding Dang Doo
Messages
4,305
Likes
5
My Satellite Setup
DreamBox 7000s - Nokia Freeview - Several GameBoys - DS Lite - ZX81 - SNES - N64 - Saturn - Dreamcast - PlayStation - PS2 - Gamecube - PSP - iPod - iPhone - XBox - PS3 - Wii - iPad - No Life!
My Location
Scotland
#1
Pace Micro Technology, the maker of set-top boxes for BSkyB and other pay-TV groups, said yesterday that costly delays in contracts with US broadcasters could carry on into this year.
Shares in the company fell 6.5% to 57p as it warned that "a number of risks" remained in completing the deals with the cable operator Comcast and the satellite broadcaster DirecTV.

Pace issued the warning as it slipped into a pre-tax loss of £8.9m in the six months to December 3, partly due to problems with the US contracts. The company added that revenues from Britain - its largest market - would fall this year.

Source: Guardian
 

Llew

cerca trova...
Staff member
Messages
14,385
Likes
3,344
My Satellite Setup
Triple Dragon, Dreambox 8000, Echostar AD3000ip, TBS6522,6925,6983 PCie cards.
Gibertini 1.25m motorised dish driven by the AD3000, with either Inverto BU Quad or Norsat / XMW Ka LNBs . SMW 1.05m + 3 other dishes. Speccy: Promax HD Ranger+
My Location
The Flatlands of East Anglia
#2
Wish I'd bought shares in Pace when they moved from modems to STB's - and sold them when they were sky-high O-Ha

Llew
 

gameboy

Ding Dang Doo
Messages
4,305
Likes
5
My Satellite Setup
DreamBox 7000s - Nokia Freeview - Several GameBoys - DS Lite - ZX81 - SNES - N64 - Saturn - Dreamcast - PlayStation - PS2 - Gamecube - PSP - iPod - iPhone - XBox - PS3 - Wii - iPad - No Life!
My Location
Scotland
#3
They were near £8 in Jan 2001 - today they closed at 61p and that's UP 4p on this bad news!!!
 

Channel Hopper

Suffering fools, so you don't have to.
Staff member
Messages
24,644
Likes
5,373
My Satellite Setup
A little less analogue, and a lot more crap.
My Location
UK South
#4
And last year they mentioned product development in the medical profession.
 

john22

Regular Member
Messages
96
Likes
0
My Satellite Setup
Samsung Motorised COMAG sl55. Panosonic TUDSB 30 Sky box.
My Location
Ireland
#5
Jan. 2001. Those were the days my friends. We thought they never end.
john22.
 
Top