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Financially Speaking... Integral Systems... — Integral Systems, Inc. (NASDAQ: ISYS) has reported financial results for the third quarter of fiscal 2008. Revenue for the quarter was $41.8 million, up $5.9 million or 16.5% from the third quarter of fiscal 2007. Third quarter income from operations was $7.1 million compared to $5.3 million for the third quarter of the last fiscal year, and net income was $4.7 million ($0.55 per diluted share) compared to $3.8 million ($0.34 per diluted share) for the third quarter of fiscal 2007. The third quarter results reflect what management believes to be solid financial performance and growth in the Company's Space Communications Systems segment and the Company's Government Ground Systems segment. Gross profit and operating income grew significantly in these operating segments as a result of higher revenue and lower overhead support costs. Their Commercial Ground Systems segment was affected by higher legal and support costs to support their international operations. For the complete report, select the Integral webpage graphic below...
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Moving On Up... At Juniper Networks... — Juniper Networks, Inc. (NASDAQ: JNPR) has named Microsoft veteran Kevin Johnson as chief executive officer. Upon his arrival in September, Mr. Johnson will also be appointed to the board of directors. The company also announced today that Scott Kriens will continue as chairman of the board and will remain active in the areas of strategy and leadership development. Mr. Johnson joins Juniper Networks from Microsoft Corporation, where he served in a range of strategic executive assignments over the course of his 16-year tenure, most recently as president of the Platforms and Services Division. This is a significant loss for Microsoft, by the way, where Johnson was believed to be, by many, to be the strongest candidate for moving into the current CEO Steve Ballmer's shoes when the top job becomes available.
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Financially Speaking... Juniper Networks... — Juniper Networks, Inc. (NASDAQ: JNPR) reported financial results for the three months ended June 30, 2008, that included strong revenue and profit growth and improved operating profit margins. Net revenues for the second quarter of 2008 rose 32 percent on a year-over-year basis to $879.0 million. The Company posted GAAP net income of $120.4 million, or $0.22 per diluted share, and non-GAAP net income of $156.6 million, or $0.28 per diluted share. The non-GAAP EPS figure represents an increase of 40 percent from the $0.20 per diluted share reported for the second quarter of 2007. For all of the details, select the Juniper webpage graphic below...
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VINASAT NetOps Delivery Contract — SES ASTRA has announced their subsidiary, SES ASTRA TechCom, has been selected to deliver the Network Operations Centre for the new Vietnamese satellite system VINASAT. SES ASTRA TechCom will deliver the Network Operations Center to Vietnam Telecom International, which operates the VINASAT-1 satellite. The end-to-end system includes uplink and downlink facilities in various frequency bands, as well as features for monitoring of the satellite payloads and uplinks. VINASAT-1 is Vietnam’s first state-owned satellite and was manufactured by Lockheed Martin Commercial Space Services. VINASAT has been operational since May 2008 and is used for telecommunication purposes.
Satnews Daily
July 25th, 2008
ORBITZ — Integral Systems — Juniper Networks — SES ASTRA —