Harris Broadcast Revenue Up Despite Softness in Transmission

Broadcast revenue was up 5% in the recent quarter at Harris Corp.
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Broadcast revenue was up 5% in the recent quarter at Harris Corp.

The company brought in $147 million in the three-month period and said operating income was up 18 percent. Harris said its broadcast business is benefiting from recent cost cutting.

Revenue in transmission systems fell due to a drop-off in international transmitter sales and the company’s decision to exit the radio equipment resale business. Double-digit growth continued in the Video Infrastructure & Digital Media business.

The company said its Broadcast Communications segment continued to benefit from the Harris One initiative.

For Harris Corp. overall, revenue for the quarter was up 30% to $1.2 billion, and “organic” growth was 13%. Revenue in the quarter also benefited from the June acquisition of Multimax Inc. and from Harris Stratex Networks Inc., formed in January.


Harris Broadcast Revenue Down in Q4

Harris Broadcast lost revenue in its fourth quarter, down 4 percent from the same period a year ago; but the company said sequentially, its revenue was up 20 percent, to $166 million, compared to the third quarter.

Harris Broadcast Revenue Is Up

It said sales of traffic and billing software also improved; and the company cited recent implementations using its Harris One workflow solution in Taiwan, Brazil, Saudi Arabia and Switzerland.