ChyronHego reports revenues grow
ChyronHego Corp., a Melville graphics company, Thursday released its first quarterly report since it acquired Hego Group of Sweden in May.
The company's revenues for its second quarter ended June 30 grew year-over-year by 39 percent, from $7.7 million to $10.7 million, in large part due to the sale of Hego products and services since May 22.
ChyronHego reported a wider net loss of $2.1 million, versus $600,000 a year earlier, due largely to $1.8 million in expenses related to the Hego merger.
After the merger, ChyronHego reduced the Chyron staff by 20 employees. ChyronHego creates and sells products and services for live television, news and sports production, including software that produces on-screen news tickers.
Sarra Sounds Off, Season 3, Ep 5: Top football teams in action and Nassau soccer playoff picks Gregg Sarra sounds off on Wantagh vs. Bethpage and Ward Melville vs Sachem North, plus Michaeil Sicoli has his Nassau soccer picks, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep 5: Top football teams in action and Nassau soccer playoff picks Gregg Sarra sounds off on Wantagh vs. Bethpage and Ward Melville vs Sachem North, plus Michaeil Sicoli has his Nassau soccer picks, an update on the high school fantasy football standings and the plays of the week.
