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01/10/14 - €23.40
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parrot sa (PARRO) Details

Parrot S.A. designs, develops, and sells consumer products for smartphones and tablets worldwide. It provides a range of products in the areas of automotive, consumer electronics, and drones. The company offers handsfree kits and infotainment products; Bluetooth, digital music, and infotainment solutions; and audio products, and plug and play products, as well as connected devices and toys. It also provides retail drones, as well as commercial and civil drones. In addition, the company offers hardware and software solutions; and technical support services, such as system design and integration, as well as after-sales maintenance comprising software updates, compatibility testing with new handsets, etc. The company sells its products to consumers through distribution networks; and directly to manufacturers and their original equipment manufacturer providers, as well as through online. Parrot S.A. was founded in 1994 and is headquartered in Paris, France.

923 Employees
Last Reported Date: 11/14/14
Founded in 1994

parrot sa (PARRO) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: €716.0K
Compensation as of Fiscal Year 2013.

parrot sa (PARRO) Key Developments

Parrot Unveils Modules for Best-in-Class DVB-T2 Car TV Reception Based on Third Generation OCTOPUS Chips

Parrot announced a new family of Modules dedicated to car infotainment. These Modules called STH fully support the major broadcast standards deployed worldwide, from AM/FM radio to the very last DVB-T2. The 3rd generation of Octopus chips is at the heart of these Modules. DVB-T2 is the most advanced Digital Terrestrial Television (DTT) broadcast standard. It is at least 50% more efficient than any other over-the-air transmission system, however it makes the reception in a mobile environment much more difficult to achieve. Parrot successfully met the challenge with the new family of STH Modules, integrating up to 4 Octopus chips using MRC diversity. The modules meet extreme automotive requirements even when they receive DVB-T/T2, ISDB-T full-seg, DTMB or ATSC standards. STH Modules are embedded with relevant software for the best in class in-car reception: multi-standard background scan, station following, traffic data, descrambling, etc. For quick and easy head-unit integration, the module hosts UPnP and HTTP servers. The modules are using the 3(rd) generation of Octopus. They address all major digital TV and radio standards deployed around the world, which in turn will lower R&D, testing & qualification costs. Each standard is supported by a dedicated firmware running in the Octopus, along with processing algorithms: fast and accurate channel estimation, multipath rejection, Doppler Effect compensation, etc. A STH module version is dedicated to radio reception, supporting AM/FM and digital radio (DAB/DAB+, DRM/DRM+, ISDB-Tsb, HD-Radio or DVB-T2 Lite). High-class features like station following with seamless audio blending are also offered.

Parrot S.A. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Parrot S.A. announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of €63.6 million compared to €55.4 million for the same period a year ago. Income from ordinary operations was €1.0 million compared to €2.2 million for the same period a year ago. EBIT was €1.0 million compared to €2.2 million for the same period a year ago. Net income was €0.6 million compared to €0.1 million for the same period a year ago. Diluted earnings per share were €0.06 compared to €0.01 for the same period a year ago. For the nine months, the company reported revenues of €163.5 million compared to €174.7 million for the same period a year ago. Loss from ordinary operations was €4.4 million compared to income from ordinary operations of €5.1 million for the same period a year ago. LBIT was €4.4 million compared to EBIT of €5.1 million for the same period a year ago. Net loss was €5.8 million compared to net income of €1.1 million for the same period a year ago. Cash flow from operations was €2.2 million, while investing cash flow relating to newinvesting cash flow relating to new products came at negative to €4.3 million.

Parrot S.A. to Report Q3, 2014 Results on Nov 14, 2014

Parrot S.A. announced that they will report Q3, 2014 results Pre-Market on Nov 14, 2014


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