RRsat Global Communications Network Ltd. (RRST) Shows Improvement in 2007 Fourth Quarter and Full Year
RRsat Global Communications Network Ltd. (RRST) provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary “RRsat Global Network,” composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer global distribution services for content providers. RRsat currently provides content services including producing and playing out TV content as well as providing satellite newsgathering services. Revenues for the fourth quarter of 2007 totaled $16.3M, an increase of 36% compared to $12.0M in the same quarter 2006. Operating income totaled $3.3M, a 70% increase…