RRSat Global Communications Network Ltd. (Nasdaq:RRST) announced its financial results for the second quarter ended June 30, 2011. Second Quarter 2011 Results: Revenues in the second quarter of 2011 totaled $28.5 million, an increase of 5.9% compared with $26.9 million in the previous quarter and an 11.2% increase compared with $25.7 million in the second quarter of 2010. Gross Profit in the second quarter of 2011 totaled $6.6 million, representing a gross margin of 23.0%, compared with gross profit of $6.2 million in the previous quarter, representing a gross margin of 23.0%.
RRsat Global Communications Network Ltd. provides content management and distribution services to television and radio broadcasting industries.
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August 15th, 2011 at 01:24 pm