Broadmedia Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
November 31, 2018
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Broadmedia Corporation reported consolidated earnings results for the six months ended September 30, 2018. For the six months, the company reported revenue of JPY 5,509 million compared to JPY 5,159 million a year ago. Operating loss was JPY 97 million compared to JPY 2 million a year ago. Ordinary loss was JPY 83 million compared to JPY 15 million a year ago. Net loss attributable to owners of parent was JPY 165 million or JPY 2.12 per share.
For the year ending March 31, 2019, the company expects revenue of JPY 11,700 million, operating income of JPY 50 million, ordinary income of JPY 40 million and net loss attributable to owners of parent JPY 80 million or JPY 1.03 per share.
Broadmedia Corporation is a multimedia distribution company. The Company operates in five business segments. The Content segment involves in the provision of cloud game services, distribution of video for multi-devices, content distribution for mobile, and operation of wide area correspondence high school. The Broadcasting segment involves in the production of fishing special programs, and the supply of programs for broadcast satellite (BS) broadcasting and communication satellite (CS) broadcasting and cable television station. The Studio segment involves in the subtitle production, program sales and movie distribution businesses. The Technology segment provides contents delivery network (CDN) services, digital cinema services and Internet service to hotel rooms. The Network Sales segment involves in the sale of Internet service provider (ISP) services and broadband lines, and the provision of cell phone services.
Broadmedia Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019