Acquisitions fuel Q4 at Leitch

TORONTO – Broadcast gear maker Leitch Technology Corporation announced today that fourth quarter revenue was $57.2 million, representing a 37% increase over the same period last year. Approximately 70% of the increase is due to the acquisitions of Inscriber and Videotek during fiscal 2005, said the company. Revenue for the year, ended April 30, 2005, was $217.9 million (including $3.9 million of third-party equipment), increasing $63.3 million, or 41%, from $154.6 million during the prior year. Approximately $36 million, or 57% of the year over year increase, was due to the acquisitions of Videotek and Inscriber. Revenue in the current...