IDC sales slip in first quarter

OTTAWA – International Datacasting Corporation reports IDC-logo-144X32.JPGfirst-quarter 2010 revenue of $5.1 million, a half million off the corresponding period of fiscal 2009, when the company had $5.6 million in revenue. The broadband broadcasting tech and content provider attributes the decline to lower satellite equipment sales. EBITDA of $0.6 million compares favourably with break even results in Q1 last year, while a net loss of $0.8 million is $0.6 million higher. Click here for complete results.

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