|Bid||522.20 x 50000|
|Ask||522.60 x 193900|
|Day's range||514.90 - 534.89|
|52-week range||439.40 - 865.00|
|PE ratio (TTM)||11.11|
|Earnings date||5 Mar 2018 - 12 Mar 2018|
|Forward dividend & yield||0.43 (4.91%)|
|1y target est||8.78|
** Satellite company Inmarsat falls 3.6 pct, with solid revenues failing to offset declines in its key maritime division ** Q2 revenues $356 mln v $345 mln predicted by analysts, according to Reuters data ...
British satellite company Inmarsat (LSE: ISAT.L - news) said it was on track to meet its full-year revenue targets despite markets proving challenging and the general industry outlook difficult to predict. Inmarsat (Other OTC: IMASF - news) said its performance in 2017 and 2018 would be tied to demand in the aviation sector, where it provides in-flight connectivity, and government customers. "We remain confident about the medium to long term outlook for Inmarsat," it said on Thursday.
Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communication services, today announced the successful completion of its Global Xpress ‘Around the World’ test flight. The exercise, conducted on a Gulfstream IV aircraft between June 5 and June 11, 2017, covered more than 25,000 miles and demonstrated Global Xpress’ ability to deliver seamless, worldwide coverage across multiple spot beams and satellites. While government and business users have historically had to manipulate flight plans to avoid gaps in coverage and performance, the test flight enjoyed complete flexibility in route selection.
Britain's Inmarsat said on Friday it had ordered a satellite from Thales Alenia Space to increase capacity on its broadband network as Qatar Airways signed up to use the service to provide in-flight connectivity. ...
European shares inched up on Thursday, with blue chips in Milan taking the lead after better than expected Italian economic growth helped markets shrug off political worries. Italy's economy grew 0.4 percent ...
Britain's major share index climbed on Thursday, flirting with its record high level but underperforming European peers, while Inmarsat rose on merger speculation. The FTSE 100 was up 0.3 percent, with ...
Britain's major share index climbed on Thursday, flirting with its record high level as a weaker sterling gave large multinationals a leg up, while Inmarsat rose on merger speculation. The FTSE 100 was ...
SpaceX's Falcon 9 rocket did not pull off the signature re-landing because of the weight of the payload.
The SpaceX Falcon 9 rocket's first stage can be recovered but the force needed to propel the payload to orbit did not leave enough fuel for the operation
In use on multiple platforms and missions today, Global Xpress complements military satellite communications and delivers a highly reliable commercial Ka-band network that meets mobile, on-demand communication needs worldwide. Inmarsat recently granted Type Approval for the Swarm45 terminal as it enhances portability and ease of use of the GX service by offering fast setup and pointing. It is designed around the PIM (Paradigm Interface Module) which has an integrated modem and innovative audio and visual pointing aids.
** Satellite company's shares +2.2 pct, among top performers on FTSE 250 ** RBC upgrades to "outperform" from "sector perform"; lifts TP to 1000p from 760p ** Broker cites operational ...
European shares rose on Wednesday, with results-driven gains from German sportswear company Adidas and British security company G4S partly offset by losses from EDF and Boskalis. The pan-European STOXX ...
British satellite company Inmarsat (Other OTC: IMASF - news) said strong demand from governments and aviation customers in the final quarter of 2016 helped core earnings for the year to rise 9.5 percent to $795 million, sending its shares to a two-month high. Chief Executive Rupert Pearce said a large part of the group's outperformance in the final quarter was down to a one-off contract from the U.S government. "It shows that governments are using us for operation deployments, and in particular they like GX," he said, referring to the company's new global satellite network.
European shares edged up on Wednesday in early deals, with significant results-driven gains from German sportswear company Adidas and British security company G4S offset by losses from EDF and Boskalis. ...
British satellite company Inmarsat (Other OTC: IMASF - news) said stronger demand from governments and aviation customers offset weakness in the maritime sector last year, resulting in a 9.5 percent rise in core earnings to $795 million. The company, which supplies communications to shipping, aircraft and remote locations, said the outlook for the next two years was difficult to predict, though it said it expected revenue of $1.2 billion to $1.3 billion this year and $1.3 billion to $1.5 billion next, in line with market expectations.