Senetas swings to $5.6m loss
Network encryption hardware developer Senetas (ASX:SEN) swung to a $5.6 million net loss in FY11, as economic woes and project delays ate into revenue.
Stories by Dylan Bushell-Embling
NewSat posts profit, revenue growth
Satellite company NewSat (ASX:NWT) has reported a $300,000 profit for FY11, from 15 per cent higher revenue of $28.8 million.
Servcorp profit up 24%, outlook positive
Serviced and virtual office company Servcorp (ASX:SRV) grew its FY11 profit 24 per cent, and has forecast further growth in the year ahead.
BigAir profit flat, revenue soars
Fixed WiMax operator BigAir (ASX:BGL) reported near-flat profit for FY11, as acquisition and restructuring costs balanced out strong gains in underlying ebitda.
Telecom NZ kept on S&P's credit watch
Credit ratings agency Standard & Poor's has kept Telecom NZ (ASX:TEL) on its CreditWatch list for a possible downgrade, due to the implications of the Chorus demerger.
NetComm picks Sequans for TD-LTE chips
Broadband product developer NetComm (ASX:NTC) has chosen Sequans Communications S.A. to provide the chipsets it will use in its NBN TD-LTE devices.
iSelect makes off-market offer for Infochoice
iSelect Limited has altered the terms of the $33.5 million takeover offer for fellow price comparison website operator Infochoice (ASX:ICH).
Salmat FY11 profit falls 26.8%
Salmat Limited (ASX:SLM) revealed its net profit fell 26.8% in FY11 to $36 million, on investments growing the company's digital marketing business.
UXC appoints finance director
ICT services company UXC Limited (ASX:UXC) has appointed a new finance director for its UXC Connect business.
Downer EDI, BSA extend deals with Foxtel
Downer EDI (ASX:DOW) and BSA Limited (ASX:BSA) have both announced they had signed services contracts with Foxtel.
Amcom lifts FY11 profit 50%
Telecom service provider Amcom (ASX:AMM) grew its net profit 50% in FY11, partly due to gains from the divestment of its holding in ISP iiNet (ASX:IIN).
Carsales.com lifts FY11 profit 35%
Carsales.com (ASX:CRZ) has reported a 35 per cent increase in FY11 profit, due in part to a strong showing in display advertising.
NewSat picks a new COO
Satellite services provider NewSat (ASX:NWT) on Tuesday appointed space industry veteran Michael Hewins as its new Chief Operating Officer.
Prophecy buys Snare developer InterSect
Business software developer Prophecy International (ASX:PRO) has acquired a security software company in a cash-and-stock deal.
DPG plots share buyback on healthy outlook
Digital marketing company Digital Performance Group (ASX:DIG) has approved plans for a share buyback, after revealing it forecasts healthy ebitda growth in FY12.