Pinnacle Systems today announced quarterly results
[17:46 Thu,24.April 2003 by blip]
too many places are now reading, which generated enormous revenues Pinnacle in the last quarter, compared with the previous year. Thus, sales have increased by over 46%, with particularly the business and consumer division was also up by 81%, the Broadcast and Professional Division, however, 14%. Not without interest here is the fact that only 23% of revenues due in the Business / Consumer Division to the acquisition of Steinberg's (we reported). It is also noteworthy that in the same quarter in spite of high turnover strictly mathematically still a loss of 626,000 U.S. dollars assailed. In Germany, sales increase rate in the third quarter, according to Armin Fendrich, Regional Manager Central & Eastern Europe, compared to the previous 165%. As this result is not precisely known to segregate, however, states: "The boom of the DVD market, we can take full advantage of the acquisition of VOB. So we could promote our instant product for copying and creating DVDs and CDs on both the retail sell-markets as well as OEM / system integration customers successful. " more infos at bei www.pinnaclesys.com