ORBCOMM Reveals First Quarter Results - M2M Evolution

5/15/2013

Featured Articles » The Connected Car vs. the Tethered Telephone » Gemalto Technology Combats Illegal Deforestation » The Most Accurate Answer to 'How's My Driving?' » Zonoff Announces New VP to Advance Home Automation Platform   Sponsored by: M2M Evolution Conference & Expo – August 26-29, 2013 Mandalay Bay – Las Vegas, NV M2M Evolution highlights how M2M technologies, the Internet of Things and the wireless network combine to significantly improve business processes, minimize risk, and drive revenue. Join us in Las Vegas for this two track program focused on providing you with information on how M2M solves business problems across multiple industries and in nearly all business functional areas. Conference sessions will focus on the retail and energy verticals as well as applications in big data, security and logistic functions (including transportation, fleet management and demand response). Members of the M2M ecosystem, including wireless carriers, application providers, platform companies, and device manufacturers will discuss their roles in creating effective technologies and procedures that work to create an ecosystem for actionable data, information and efficiencies.   Top Stories » New Report: Internet of Things and M2M will Grow to $290B by 2017 » Hawaii Upgrades Early Warning System to Skywave Satellite M2M » Smart Cities and the Internet of Things » Ultra Low Energy DECT Expected to Lead in M2M Market   From The Expert Corner May 13, 2013 ORBCOMM Reveals First Quarter Results By Robbie Pleasant, TMCnet Contributor ORBCOMM Inc.’s first quarter of 2013 results are out. The global satellite data communications company, which specializes in M2M communications and solutions, saw an increase in total revenues, although product sales took a dip. For the first quarter, service revenues were at $13.9 million, a step up from last year’s $11.5 million. Service revenue growth was slowed, however, due to the US dollar to yen exchange rate taking a hit. Product sales had also suffered, reaching only $2.8 million, compared to last year’s $4.3 million. This, too, is affected by the less favorable dollar/yen exchange rate, although last year was boosted by a significant hardware sale to an OEM customer. Read More    Featured Videos Getting a Healthy Attitude toward M2M    Featured Resources » Vodafone M2M Integrated Terminals Solution » M2M for Industrial Remote Asset Monitoring » When Machines Talk to Machines: M2M Deployment Can Make Your Business Systems Smarter   Featured Communities » M2M Evolution » Embedded M2M Solutions » Machine to Machine Solutions   Visit www.m2mevolution.com for the Latest Machine to Machine News & Info   Sign Up For FREE    |    Visit M2M Site    |    Free Magazine Subscription   Advertise With Us General advertising Info: Click here    Interested in reaching M2M Evolution's Global M2M Communications and Technology Audience of 80,000 Unique Visitors? Please contact Matthew Gleeson to learn how at mgleeson@tmcnet.com or 1 (203) 852-6800 x145.   Become a TMCnet columnist! Become a M2M Evolution columnist! Want to contribute your expertise to a growing audience of M2M technology professionals? Become a writer, blogger or columnist for the M2M Evolution Web site and this newsletter. Contact Erik Linask, group editorial director, at elinask@tmcnet.com for details.

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