INTERIM REPORT, JANUARY-MARCH 2007
Net Insight AB (publ), corporate ID no. 556533-4397
January-March 2007
Our financial performance continued to progress in the first quarter. Sales have continued to increase in the growing markets for DTT and Broadcast & Media solutions. This growth has resulted in improved net income and a solid gross margin. The demand for Net Insight's transport solutions continued to grow, resulting in a growing customer base and a larger amount of recurring business.
The sales growth was achieved while maintaining a stable and solid gross margin. This is a good indication of the competitiveness of Net Insight's offering. A healthy proportion of revenues from software, support and services, have also contributed to the gross margin.
The explosive rise in video traffic is driving demand for greater capacity and improved quality in communications networks. These changes in the market are essential drivers of Net Insight's customer offering.
We are working towards a solid base of large customers which continuously place upgrade and extension orders to their existing networks. During the quarter, the growing installed based has generated significant amount of repeat business.
The full report can be downloaded below.
Stockholm, 3 May 2007
Fredrik Trägårdh, CEO Net Insight AB
For more information, please contact:
Fredrik Trägårdh, CEO Net Insight AB
Tel.: +46 (0) 8-685 04 00, email: fredrik.tragardh@netinsight.net
Lars Kevsjö, CFO Net Insight AB
Tel.: +46 (0) 8-685 04 00, email: lars.kevsjo@netinsight.net
Net Insight AB
Net Insight AB (publ)Box 42093
126 14 Stockholm
Tel +46 (0) 8 685 04 00
Corp. identity no. 556533-4397
About Net Insight
Net Insight deliver the world's most efficient and scaleable optical transport solution for Broadcast and Media, Digital Terrestrial TV/Mobile TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
World class customers run mission critical media services over Net Insight products for more than 100 million people in more than 20 countries. Net Insight is quoted on the Stockholm Stock Exchange.
Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
World class customers run mission critical media services over Net Insight products for more than 100 million people in more than 20 countries. Net Insight is quoted on the Stockholm Stock Exchange.
For more information, visit www.netinsight.net
