SDA.AX - Speedcast International Limited

ASX - ASX Delayed Price. Currency in AUD
0.8850
+0.0050 (+0.57%)
At close: 4:10PM AEDT
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Previous Close0.8800
Open0.8900
Bid0.8850 x 0
Ask0.8000 x 0
Day's Range0.8850 - 0.9350
52 Week Range0.6820 - 4.1500
Volume2,323,011
Avg. Volume5,333,536
Market Cap212.171M
Beta (3Y Monthly)1.13
PE Ratio (TTM)N/A
EPS (TTM)-0.7440
Earnings DateAug 27, 2019
Forward Dividend & Yield0.07 (7.87%)
Ex-Dividend Date2019-03-07
1y Target Est3.61
  • NBN Co Launches Groundbreaking Business Satellite Service Created, Designed and Managed by Speedcast
    PR Newswire

    NBN Co Launches Groundbreaking Business Satellite Service Created, Designed and Managed by Speedcast

    SYDNEY, Nov. 6, 2019 /PRNewswire/ -- Speedcast, the world's most trusted provider of highly-reliable, fully-managed, remote communication and IT solutions, announced today that Australian government-owned infrastructure provider NBN Co is now delivering satellite services in collaboration with Speedcast to business and government users across regional and remote parts of the country. NBN Co's new Business Satellite Service (BSS) leverages an extensive network designed, built and managed by Speedcast Managed Services, with access to up to 58 beams from 10 gateways, two data centres, and a network operations centre powering the company's new high-data internet and IoT service offerings.

  • Speedcast Upgrades Major Norwegian Fleet's VSAT Connectivity
    PR Newswire

    Speedcast Upgrades Major Norwegian Fleet's VSAT Connectivity

    Fleet of 40 Vessels Will Employ Enhanced VSAT Connectivity, Iridium Certus Back-Up Solution and Onboard Network Management Via SIGMA Gateway BERGEN, Norway , Oct. 24, 2019 /PRNewswire/ -- Speedcast International ...

  • Philippine Government and UNDP Select Speedcast to Provide Digital Inclusion Connectivity to 3,000 Sites
    PR Newswire

    Philippine Government and UNDP Select Speedcast to Provide Digital Inclusion Connectivity to 3,000 Sites

    SYDNEY, Oct. 22, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of highly-reliable, fully-managed, remote communication and IT solutions, has signed an agreement with the United Nations Development Program (UNDP) in support of the Department of Information and Communications Technology (DICT) of the Philippine government in order to bring internet connectivity and public Wi-Fi services to 3,000 remote areas across 11 regions in the Philippines. With an initial 23-month commitment, the initial contract term has a value of US$14.4 million, renewable for an additional two more years of service.

  • Speedcast Awarded Contract Supporting Leading Oil & Gas Engineering Services Customer in Iraq
    PR Newswire

    Speedcast Awarded Contract Supporting Leading Oil & Gas Engineering Services Customer in Iraq

    BASRA, Iraq, Sept. 26, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, today announced that the company has been awarded a new multi-year contract with an Oil & Gas engineering services customer for fully managed internet services and IT support across the company's base in Iraq. This company is an existing customer of Speedcast in EMEA that, with this new contract, is extending the scope of services that Speedcast will deliver. This new solution will supply the main base camp in Basra, Iraq with high-speed fibre internet and backup, as well as 24x7 on-site IT maintenance and troubleshooting support.

  • Speedcast Named VSAT and Satellite Applications Company of the Year
    PR Newswire

    Speedcast Named VSAT and Satellite Applications Company of the Year

    VSAT Stellar Award Recognizes Speedcast's Significant Contributions Towards the Satellite Industry and the Evolution of VSAT and Satellite Applications in the Past Year SYDNEY , Sept. 23, 2019 /PRNewswire/ ...

  • Speedcast and Nelco Awarded Remote Communications Contract for Leading Indian Cruise Line
    PR Newswire

    Speedcast and Nelco Awarded Remote Communications Contract for Leading Indian Cruise Line

    MUMBAI, India, Sept. 19, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, and India's fastest growing VSAT service provider Nelco Limited, a Tata Enterprise, have been awarded a new contract to deliver satellite communications onboard a leading Indian Cruise line catering to the Indian domestic and international cruise markets. The leading Indian Cruise line offers a rich experience of Indian culture, hospitality and cuisine to domestic and international travelers.

  • Moody's

    Speedcast International Limited -- Moody's announces completion of a periodic review of ratings of Speedcast International Limited

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Speedcast International Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Thomson Reuters StreetEvents

    Edited Transcript of SDA.AX earnings conference call or presentation 27-Aug-19 12:30am GMT

    Half Year 2019 SpeedCast International Ltd Earnings Call

  • Speedcast's Backhaul Solution Supports Mobile Operations for a Leading Mobile Services Operator in Colombia
    PR Newswire

    Speedcast's Backhaul Solution Supports Mobile Operations for a Leading Mobile Services Operator in Colombia

    MIAMI, Sept. 10, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, today announced that it has won a contract to provide cellular backhaul services to a leading mobile services operator in Colombia that supports the operator's mobile operation in the remote Amazon city of Leticia. Speedcast's cellular backhaul connectivity solution serves the customer's operations in Leticia, which is located in the country's southernmost tip on the Amazon River. With the cellular backhaul service that has been in operation since June, the first mobile services operator in Colombia can now offer high quality and high availability service to more than 43,000 people in the region of Leticia, allowing an often underserved population to connect via mobile technologies.

  • Moody's

    Speedcast International Limited -- Moody's downgrades Speedcast's ratings to B2; outlook remains negative

    Moody's Investors Service has downgraded to B2 from B1 Speedcast International Limited's corporate family rating and backed senior secured term loan rating. The ratings outlook is maintained at negative. "The downgrade mainly reflects the material operating challenges facing Speedcast, as highlighted by sizeable goodwill impairments and negative operating cash flow in the first half of 2019, as well as the changes to key members of the board and management," says Sean Hwang, a Moody's Analyst.

  • Speedcast Enhances Stena Drilling Communications Solution with Addition of Crew Wi-Fi
    PR Newswire

    Speedcast Enhances Stena Drilling Communications Solution with Addition of Crew Wi-Fi

    LONDON, Sept. 4, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, announced today that the company has been awarded a contract to add Crew Wi-Fi to their fully-managed communications services onboard Stena Drilling's global fleet. Stena Drilling is one of the world's leading drilling contractors and has been a valued customer of Speedcast for years.

  • Is Speedcast International Limited (ASX:SDA) A Volatile Stock?
    Simply Wall St.

    Is Speedcast International Limited (ASX:SDA) A Volatile Stock?

    If you own shares in Speedcast International Limited (ASX:SDA) then it's worth thinking about how it contributes to...

  • Speedcast Wins ACOMMS Innovation Award for SIGMA Gateway Secure Connectivity Platform
    PR Newswire

    Speedcast Wins ACOMMS Innovation Award for SIGMA Gateway Secure Connectivity Platform

    Secure Platform Seamlessly Manages Hybrid Network Connectivity and Value-Added Applications and Services SYDNEY , Aug. 18, 2019 /PRNewswire/ --  Speedcast International Limited (ASX: SDA), the world's ...

  • Speedcast and Australian Space Agency to Collaborate on Growth and Transformation of Australian Space Industry
    PR Newswire

    Speedcast and Australian Space Agency to Collaborate on Growth and Transformation of Australian Space Industry

    Joint Statement Identifies Agency Priorities, Speedcast Projects and Establishes Principles for Future Communications Developments SYDNEY , Aug. 15, 2019 /PRNewswire/ -- Speedcast International Limited ...

  • Seadrill Awards Speedcast Contract for Fully-Managed Communications Onboard New Semi-Submersible Rig
    PR Newswire

    Seadrill Awards Speedcast Contract for Fully-Managed Communications Onboard New Semi-Submersible Rig

    OSLO, Norway, Aug. 7, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, today announced that the company has been awarded a new multi-year communications and IT solutions contract on the West Bollsta semi-submersible rig, a newbuild operated by Seadrill off the coast of Norway.

  • Speedcast Wins Multi-Year Contract with Sasol for Fully-Managed Communications Solutions and IT Support in Mozambique
    PR Newswire

    Speedcast Wins Multi-Year Contract with Sasol for Fully-Managed Communications Solutions and IT Support in Mozambique

    MAPUTO, Mozambique, Aug. 1, 2019 /PRNewswire/ -- Speedcast International Limited (SDA.AX), the world's most trusted provider of remote communication and IT solutions, announced today that the company has been awarded a new multi-year contract to provide communications and onsite IT support services at four operations camps for Sasol's oil & gas exploration and well delivery camps operating in Mozambique. This contract marks Speedcast's first project for this South African-based customer and the sixth project in Mozambique, where Speedcast was the first to market in the establishment of a local entity, Speedcast Mozambique Lda.

  • These 4 Measures Indicate That Speedcast International (ASX:SDA) Is Using Debt Extensively
    Simply Wall St.

    These 4 Measures Indicate That Speedcast International (ASX:SDA) Is Using Debt Extensively

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

  • PR Newswire

    Speedcast Delivers Expanded Connectivity and Applications for Goodwood Vessels

    Speedcast to Provide VSAT and SIGMA Gateway for Leading Singapore-Based Ship Management Company SINGAPORE , July 29, 2019 /PRNewswire/ -- Speedcast International Limited (ASX: SDA), the world's most trusted ...

  • Speedcast Wins Contract for Fully-Managed Communications with Color Line
    PR Newswire

    Speedcast Wins Contract for Fully-Managed Communications with Color Line

    Multi-year Contract is Speedcast's First Win at New Customer Color Line, Norway's Largest Cruiseferry Line. STAVANGER, Norway , July 23, 2019 /PRNewswire/ -- Speedcast International Limited (ASX: SDA), ...

  • Speedcast to Provide Connectivity for SKOM Fleet
    PR Newswire

    Speedcast to Provide Connectivity for SKOM Fleet

    Speedcast to Deliver VSAT for 17 SK Offshore & Marine (SKOM) Vessels KUALA LUMPUR, Malaysia , July 17, 2019 /PRNewswire/ --   Speedcast International Limited (ASX: SDA), the world's most trusted provider ...

  • PR Newswire

    Speedcast and In Aria! Networks Join Forces with Telespazio on Large-Scale, High-Capacity Video Services

    New Managed Service Enables Secure, Flexible, and Efficient Digital TV Contribution, Cloud-Based Video Processing, Playout, and Multi-Platform Distribution HAUPPAUGE, N.Y. , July 15, 2019 /PRNewswire/ ...

  • Moody's

    Speedcast International Limited -- Moody's downgrades Speedcast's ratings to B1; outlook remains negative

    Moody's Investors Service has downgraded to B1 from Ba3 Speedcast International Limited's corporate family rating and senior secured term loan rating. "The ratings downgrade mainly reflects Speedcast's elevated debt leverage and reduced liquidity, because of its weaker-than-expected earnings and cash flow generation," says Sean Hwang, a Moody's Analyst. On 2 July, Speedcast announced its 2019 underlying EBITDA guidance -- before Moody's adjustments -- of $140-$150 million, which was around $20 million lower than the company's previous guidance.

  • Speedcast Achieves Advanced Consulting Partner Status in the Amazon Web Services Partner Network
    PR Newswire

    Speedcast Achieves Advanced Consulting Partner Status in the Amazon Web Services Partner Network

    First Satellite Services Provider to Attain APN Advanced Consulting Partner Status HAUPPAUGE, N.Y. , June 26, 2019 /PRNewswire/ -- Speedcast International Limited (ASX: SDA) announced today that it has ...

  • Does Speedcast International Limited's (ASX:SDA) CEO Salary Reflect Performance?
    Simply Wall St.

    Does Speedcast International Limited's (ASX:SDA) CEO Salary Reflect Performance?

    In 2004 PJ Beylier was appointed CEO of Speedcast International Limited (ASX:SDA). This analysis aims first to...

  • Speedcast and XipLink Announce Strategic Partnership
    PR Newswire

    Speedcast and XipLink Announce Strategic Partnership

    Bringing Innovative, Next-Generation WAN Optimization Solutions to Customers SINGAPORE , June 18, 2019 /PRNewswire/ --  Speedcast International Limited (ASX: SDA), the world's most trusted provider of ...