• Revenue of $654 million up 2% vs. Q2 2012 on growth from network services and media customer sets
  • Net loss attributable to Intelsat S.A. of $408 million includes pre-tax charges of $367 million for early extinguishment of debt and $78 million of one-time, pre-tax expenses related to April IPO
  • Total debt reduced by $497 million as compared to December 31, 2012
  • $10.4 billion contracted backlog provides visibility for future revenue and cash flow

Luxembourg | August 1, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported revenue of $653.8 million and a net loss attributable to Intelsat S.A. of $408.3 million, or $4.19 per share, for the three months ended June 30, 2013. The net loss includes $366.8 million for pre-tax charges related to early extinguishment of debt resulting from debt paydowns resulting from the company’s April 2013 initial public offering and debt refinancing activity in the second quarter. The company also reported EBITDA1 , or earnings before net interest, taxes and depreciation and amortization, of $439.2 million, and Adjusted EBITDA1 of $509.4 million, or 78 percent of revenue, for the three months ended June 30, 2013.

Intelsat CEO Dave McGlade said, “With the completion of our April IPO and successful debt refinancing initiatives in the first half of 2013, we’re driving a positive cycle of delevering our balance sheet. Lower interest costs and reduced capital expenditures will enable increased cash flow, which in turn should allow us to further reduce debt. I’m confident Intelsat is well-positioned to create value for all of its stakeholders.

“The Intelsat team is executing against our operational priorities for 2013. New business on video neighborhood satellites and on our broadband mobility infrastructure is driving on-network revenue growth in our network services and media businesses. Declines in our government business, due to the U.S. government budget sequestration and troop drawdowns, were reflected primarily in off-network revenues. Overall, revenue and Adjusted EBITDA grew at two percent and four percent, respectively, as compared to the second quarter of 2012.”

McGlade continued, “During the quarter, we furthered our commitment to our next-generation fleet design, announcing manufacturing commitments for four additional satellites to be deployed over the coming years as we replace existing satellites with the innovative, high-throughput and cost-efficient Intelsat EpicNG platform. Leading up to the launch of those satellites, we are working with strategic customers to create portfolios of services on the current fleet that satisfy today’s requirements while providing a bridge to our customers’ future growth needs on EpicNG . Progress on this front is demonstrated in our strong backlog of $10.4 billion, providing visibility into revenue and cash flow, and stability to our business.”

To read the full version of this release, including detailed financial results, please download a PDF copy.

• Sales increased 9% in the quarter; Diluted earnings per share were $0.34
• Results included $900 thousand of acquisition-related expenses
• 2013 revenue guidance increased to $325 million to $340 million, including the July 2013 acquisition of Peco, Inc.

East Aurora, NY | July 31, 2013– Astronics Corporation (NASDAQ: ATRO), a leader in advanced, high-performance lighting, electrical power and automated test systems for the global aerospace and defense industries, today reported financial results for the three and six months ended June 29, 2013.

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East Aurora, NY | July 24, 2013– Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it will release its second quarter 2013 financial results before the opening of financial markets on Wednesday, July 31, 2013, followed by a conference call and webcast at 11:00 a.m. ET.

During the call and webcast, Peter J. Gundermann, President and CEO, and David C. Burney, Executive Vice President and CFO, will review the financial and operating results for the quarter and discuss Astronics’ corporate strategies and outlook. A question-and-answer session will follow.

The conference call can be accessed by calling (201) 689-8562. The listen-only audio webcast can be monitored at www.astronics.com.

A telephonic replay will be available from 2:00 p.m. ET the day of the call through Wednesday, August 7, 2013. To listen to the archived call, dial (858) 384-5517 and enter conference ID number 418102. Alternatively, the archive of the webcast will be available on the Company’s website at www.astronics.com. A transcript will also be posted to the Company’s website, once available.