TSYS (TSYS) Tops Q2 EPS by 2c
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TeleCommunication Systems Reports Second Quarter 2015 Results
July 30, 2015 4:06 PM EDTANNAPOLIS, Md., July 30, 2015 /PRNewswire/ --Â TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure wireless communication technology, reported results for the three months ended June 30, 2015.
Summary of Second Quarter 2015 Financial Results
Revenue was $87.9 million, up 7% from $81.9 million in the prior quarter, and up 2% from $86.2 million in the second quarter of 2014. Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based... MoreTeleCommunication Systems Adds 14 U.S. Patents Advancing Public Safety, Location-Based Services, GIS/Mapping, Wireless Data and Messaging
July 30, 2015 8:02 AM EDTANNAPOLIS, Md., July 30, 2015 /PRNewswire/ --Â TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in secure and highly reliable wireless communication technology, today announced that the U.S. Patent and Trademark Office (USPTO) issued twelve new patents to TCS. TCS also purchased two U.S. patents, bringing the second quarter total to 14 additional U.S. patents, as well as nine foreign patents. In the quarter, TCS filed for 16 U.S. patents. Thus, as of June 30, the total number of patents issued worldwide in the portfolio was 418, with more than 300 patent... More
TeleCommunication Systems Awarded $14.2 Million Task Order to Supply Managed Satellite Services for the U.S. Marine Corps
July 28, 2015 8:01 AM EDTANNAPOLIS, Md., July 28, 2015 /PRNewswire/ --TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), Â announced that the Defense Information Systems Agency (DISA) has exercised its second year task order option for TCS to continue to provide Ku satellite bandwidth, terrestrial support and 24-hour support services for the U.S. Marine Corps' Tactical Satellite Communications Network. The additional $14.2 million funding covers the period from August 1, 2015 through July 31, 2016.
News Facts:
This task order was issued under the joint DISA/GSA Future Commercial Satcom Acquisition program. The U.S. General Services Administration... More