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Net Insight Wins Key Aperi Order

Stockholm, Sweden – A Tier-1 integrated network service provider in North America, has selected Aperi, part of Net Insight's distributed IP media processing portfolio, for its new mission critical media services network. The total order value is approximately USD 900,000 and the main part will be delivered in the third quarter of 2021.

In line with the strategy to grow the core Media Networks business, Net Insight acquired the Aperi product portfolio in early 2020 to complement and strengthen the existing customer offering. Since then, the focus has been to align product development to the market and secure continuity for customers.

The Aperi products are industry established, open and IP standards-based. All around the globe, from major public events to twenty-four-seven media services the Aperi products are relied on to provide automation, adaptability, scalability and class-leading distributed media workflows. The Aperi offering is a key ingredient in Net Insight's strategy to deliver open, automated and standard IP solutions over any kind network including cloud networks. Net Insight customers will continue to benefit from the harmonized development and innovation across multiple product strategic product lines, namely Aperi, Nimbra 1000 and Nimbra Edge.

"To date, this is the largest Aperi order since the acquisition and proof of how competitive and appealing Aperi and our IP product portfolio is," says Crister Fritzson, CEO of Net Insight. "Now, we look forward to supporting our customer with the rollout of their new IP media network."

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 733 357 001, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-26 10:00 CEST.

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Net Insight Wins Key Aperi Order

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Net Insight Interim Report January – June 2021

Strategic initiatives ensure continued growth

"After a cautious start to the year, sales and operating earnings are now increasing year-on-year, this is the third consecutive quarter with year-on-year growth. We are seeing an increase in our customers' investment appetite, even if the market still remains affected by Covid-19."

Crister Fritzson, CEO of Net Insight

April – June 2021

• Net sales amounted to SEK 94.1 (88.3) million, an increase of 6.5% year-on-year. In comparable currencies net sales increased by 13.2%.
• Operating earnings amounted to SEK 8.6 (-1.7) million, corresponding to an operating margin of 9.1% (-1.9%). Excluding foreign exchange rate differences of SEK 0.8 (-7.4) million, operating earnings were SEK 7.8 (5.7) million.
• Net income for the period for continuing operations was SEK 7.0 (-0.1) million and for the Group, including discontinued operations, SEK 7.0 (1.8) million.
• Earnings per share, basic and diluted, for the Group was SEK 0.02 (0.00).
• Total cash flow for the Group was SEK 16.7 million (-10.3).

January – June 2021

• Net sales amounted to SEK 172.0 (164.3) million, an increase of 4.7% year-on-year. In comparable currencies net sales increased by 12.4%.
• Operating earnings amounted to SEK 11.7 (3.2) million, corresponding to an operating margin of 6.8% (1.9%). Excluding foreign exchange rate differences of SEK 8.4 (1.8) million, operating earnings were SEK 3.3 (1.4) million.
• Net income for the period for continuing operations was SEK 10.9 (1.1) million. Net Income for the Group, including discontinued operations, was SEK -26.1 (250.1) million. This includes capital loss on disposal of discontinued operations of SEK -35.9 million (246.4).
• Earnings per share, basic and diluted, for the Group was SEK -0.07 (0.65).
• Total cash flow for the Group was SEK 30.8 million (235.1). Excluding the cash impact of the divestment of subsidiary, cash flow was SEK 15.7 million (-67.3).

For the complete interim report, please refer to the attached PDF.

A conference call with web presentation for media and the financial community will take place at 9:30 am CEST on July 16, 2021
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the interim report https://financialhearings.com/event/13315

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-16 08:45 CEST.

Attachments

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Net Insight Interim Report Q2 2021

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Invitation to presentation of Net Insight's Interim report January – June 2021

Net Insight AB will publish its Interim report January – June 2021, on July 16, 2021 at 8:45 am CEST. Following this report, a conference call with web presentation for media and the financial community will take place.

CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the report. After the presentation there will time for questions, both on the phone and via the web presentation. The presentation will be in Swedish but the presentation slides are in English.

Time for the publication of the Interim report January-June 2021
Friday July 16 at 08:45 am CEST.

Time for conference call and web presentation
Friday July 16 at 09:30 am CEST.

Conference call
The conference call is mainly targeted to analysts, institutional investors, and media.
Dial-in numbers: SE: +46856642706 UK: +443333009262 US: +1 6319131422 PIN US: 70283718#

Web presentation
https://tv.streamfabriken.com/net-insight-q2-2021

The presentation and the Interim report will be available on netinsight.net after publication.

Welcome!
Crister Fritzson
CEO

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 73 335 70 01, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

Attachments

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Invitation to presentation of Net Insight's Interim report January – June 2021

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Sent via

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