{"id":82737,"date":"2012-07-25T17:57:15","date_gmt":"2012-07-25T09:57:15","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/c-com-expects-inetvu-ka-band-business-to-offset-second-quarter-setbacks\/"},"modified":"2012-07-25T17:57:15","modified_gmt":"2012-07-25T09:57:15","slug":"c-com-expects-inetvu-ka-band-business-to-offset-second-quarter-setbacks","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/c-com-expects-inetvu-ka-band-business-to-offset-second-quarter-setbacks\/","title":{"rendered":"C-Com Expects iNetVu Ka-band Business to Offset Second Quarter Setbacks"},"content":{"rendered":"<p>[07-25-12] <b>C-Com Satellite Systems<\/b> increased its working capital to $14.2 million in the 2012 second-quarter \u2014 a 37.3 percent increase from the same period last year, according to the Canadian antenna manufacturer\u2019s latest financial results issued July 24.<\/p>\n<p>&nbsp; &nbsp;The company\u2019s net profits, however, slipped from $1.27 million in the second quarter of 2011 to $542,251 in its most recent quarter, with revenues decreasing 47.5 percent and operating profits falling year-over-year from $1.749 million to $603,814.<br \/>\n&nbsp; &nbsp;C-Com President and CEO Leslie Klein attributed his company\u2019s lower revenues and operation profits to a single large order C-Com received last year in Japan to aid in the country\u2019s tsunami relief efforts. Without the order, Klein said C-Com\u2019s 2012 second-quarter revenue growth would have been 39.5 percent compared with the same period last year.<br \/>\n&nbsp; &nbsp;\u201cWe are continuing to sign-up new resellers for our products and expanding our worldwide presence,\u201d Klein said in a statement. \u201cC-Com is one of the first mobile antenna manufacturers that started delivering its next-generation iNetVu Ka-band mobile products to customers in the U.S., Europe, the Middle East and Africa. We expect to become market leaders in this sector and should significantly benefit from this advanced satellite technology that is being rolled out worldwide by a number of large satellite operators.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[07-25-12] C-Com Satellite Systems increased its working capital to $14.2 million in the 2012 second-quarter \u2014 a 37.3 percent increase from the same period last year, according to the Canadian antenna manufacturer\u2019s latest financial results issued July 24. &nbsp; &nbsp;The company\u2019s net profits, however, slipped from $1.27 million in the second quarter of 2011 to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-82737","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82737"}],"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=82737"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82737\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=82737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=82737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=82737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}