{"id":63704,"date":"2018-10-30T20:52:39","date_gmt":"2018-10-30T12:52:39","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/intelsat-reports-stable-q3-results-but-dip-in-intelsat-sa-2\/"},"modified":"2018-10-30T20:52:39","modified_gmt":"2018-10-30T12:52:39","slug":"intelsat-reports-stable-q3-results-but-dip-in-intelsat-sa-2","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/intelsat-reports-stable-q3-results-but-dip-in-intelsat-sa-2\/","title":{"rendered":"Intelsat Reports Stable Q3 Results, but Dip in Intelsat SA"},"content":{"rendered":"<\/p>\n<p><strong>Intelsat<\/strong> revealed its latest set of results today, which saw revenues stabilize, but its net losses saw a fairly dramatic increase. This was one of the highlights of its third quarter results, which were issued today. Its revenues for the three months to the end of September was $536.9 million, a slight decrease compared to the same stage last year. However, net losses reached close to $375 million, which was a huge increase compared to the same stage last year.<\/p>\n<p>In terms of interesting takeaways from its results, its network services revenues reached $199 million, 37 percent of total revenue, but a six percent drop compared to last year. However, Intelsat\u2019s government revenues saw a 16 percent jump in the three months to the end of September and reached just over $98 million. It now accounts for 18 percent of total revenues.<\/p>\n<p>\u201cDuring the third quarter, Intelsat made important progress on its operational and financial goals\u201d Intelsat\u2019s Chief Executive Officer (CEO)Stephen Spengler said. \u201cOur stable financial results reflect a continuation of recent trends. Operationally, a major milestone was the successful launch of Horizons 3e, completing the global footprint of our high-throughput satellite fleet. The Intelsat Epic&nbsp;fleet powers new services in wireless network extensions, in-flight passenger broadband connectivity, broadband services for maritime fleets and high definition video from small aeronautical surveillance platforms. In the past weeks, we introduced the Intelsat FlexExec&nbsp;managed service for the business jet segment, complementing our previously announced government and maritime managed service platforms that leverage the Intelsat Epic&nbsp;network.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intelsat revealed its latest set of results today, which saw revenues stabilize, but its net losses saw a fairly dramatic increase. This was one of the highlights of its third quarter results, which were issued today. Its revenues for the three months to the end of September was $536.9 million, a slight decrease compared to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56401,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63704"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63704"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/56401"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}