Last €1.87 EUR
Change Today +0.01 / 0.54%
Volume 9.5K
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As of 11:35 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

orad hi-tech systems ltd (OHT) Snapshot

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orad hi-tech systems ltd (OHT) Details

Orad Hi Tec Systems Ltd., together with its subsidiaries, develops, produces, markets, and distributes real time three dimensional broadcast graphics, video server, and media asset management (MAM) solutions for the broadcasting markets worldwide. The company offers a suite of solutions for news, channel branding, sports production and enhancement, elections and special events, virtual studios, and virtual advertisement. Its products include a suite of on air graphic solutions, including authoring software, character generation, channel branding, weather, stereographic solutions, and others; studio solutions, which include virtual studio and augmented reality solutions, camera tracking solutions for various types of production, and interactive and graphic solutions for large video walls; and a tool kit to address various aspects of live sports events, including sport enhancement graphics, virtual advertising, slow motion replay servers, tournaround sports MAM solutions, and others. The company’s products also comprise a range of MAM solutions, including iAcquire ingest and media acquisition, iFind MAM solution, iFind Web client, and iLogger for live event metadata logging; HDVG+, a native 64-bit system that offers processing and rendering power enhancements in a 3 rack unit chassis; and a family of video server solutions. Orad Hi Tec Systems Ltd. was incorporated in 1992 and is based in Kfar Saba, Israel.

Founded in 1992

orad hi-tech systems ltd (OHT) Top Compensated Officers

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orad hi-tech systems ltd (OHT) Key Developments

Orad Hi Tec Systems Ltd. Provides Earnings Guidance for the 2014

Orad Hi Tec Systems Ltd. provided earnings guidance for the 2014. For the year, the company expected revenues between USD 39 to 40 million, operating profits between 6% to 8% of revenues.

Major Brazilian Broadcaster Upgrades its Studio Workflow with Orad Graphic and Studio Solutions of Orad Hi-Tec Systems Ltd

Orad Hi-Tec Systems Ltd. announced that a major Brazilian broadcaster has chosen to upgrade its existing installation with the very latest Orad on-air graphics and studio solutions. The upgrade will include multiple 3DPlay channel branding systems and the new version of Maestro on air graphics system interfaced to Orad's Social Media Hub solution. The broadcaster will rely on Orad's ProSet virtual studio for their daily production enabling them to also display interactive graphics and augmented reality. In addition, as part of the upgrade the Brazilian broadcaster will upgrade their hardware to Orad's powerful HDVG4 video rendering platform, providing them with incomparable performance capabilities and a sophisticated playout. The total value of the deal is just under $900,000.

Orad Hi Tec Systems Ltd. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Orad Hi Tec Systems Ltd. reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues significantly increased by 29.7% to $9.3 million compared to $7.2 million in the three months ending March 2013, an increase by 9.4% compared to $8.7 million in the three months ending December 2013. Operating Income for the three months ending March 2014 totaled $0.8 million, a significant improvement compared to operating loss of $0.7 million in the three months ending March 2013 and compared to an operating income of $0.1 million in the three months ending December 2013. Net Income for the three months ending March 2014 totaled $0.7 million, a significant improvement compared to a net loss of $0.9 million in the three months ending March 2013 and compared to the net income of $0.2 million in the three months ending December 2013. Diluted net earnings per share was $0.06 against $0.08 loss per share a year ago. Net cash provided by operating activities was $883,000 against $435,000 a year ago. Purchase of property, plant and equipment was $110,000 against $79,000 a year ago.


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