VICTORIA – Manufacturer and cable operator Vecima reported a 39% year over year increase in total revenue to $36.8 million in the first quarter of fiscal 2009, the company reported this week.
Consumer appetite for bandwidth and digital video streaming resulted in increased demand for infrastructure products to support digital television and data-over-cable services, the press release said.
YourLink cable revenue increased 22% to $2.4 million for the first quarter compared with $2.0 million in the first quarter of fiscal 2008, with much of that from “significant” increases in enterprise installations. Sales in the converged wired products market increased 64% to $29.3 million, while broadband wireless sales decreased $1.4 million to $5.2 million for the quarter.
"Ongoing consumer demand for bandwidth, and the associated need for MSOs to roll out new products while maintaining service standards, generated continued demand for OEM transmitter modules and bandwidth recovery products," said Dr. Surinder Kumar, chairman and CEO.
