Espial Reports 2014 First Quarter Results
OTTAWA, April 23, 2014 - Espial® Group Inc. ("Espial" or the "Company"), (ESP.TO), a leader in the delivery of on-demand TV software and services, today announced its first quarter financial results for the three month period ended March 31, 2014.
Espial Q1 Highlights
- Q1 revenue increased 96% to a record $5.0 million from $2.5 million last year.
- Record EBITDA increased to an income of $1.3 million
- Solid shipments in Q1 of set-top box and devices to our Service Provider and Smart TV customers globally
- Participated in leading cable industry panels on RDK & HTML5 at TV Connect in London, UK and the Lightreading Cable Event in Denver, Colorado
- Secured 2 new wins for Espial multiscreen solutions with several European service provider customers to introduce TV everywhere services.
- Published: 24 April 2014
- Written by Editor