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Investegate announcements from TECHNICOLOR, Technicolor: Third Quarter 2021 Results

PRESS RELEASE Technicolor: Third Quarter 2021 Results Significant demand for original content and high-performance broadband products but continuing supply constraints resulting

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

TECHNICOLOR: Technicolor: First Quarter 2021 Results Technicolor on track to deliver 2 . first quarter 2 1 - Technicolor(Euronext Paris: TCH; OTCQX: TCLRY) is today announcing its results for the first quarter 2021. Richard Moat, Chief Executive Officer of Technicolor, stated: " the Group's turnaround . L , and pipeline is already secured, in collaboration with Hollywood's most prestigious studios. The demand for state-of-the-art broadband gateways is four times what it was 12 months ago, driving the continuing improvement in improved maintaining its , , with results in line with expect...

inuing operations Revenues of €711 million were up 3.6% at constant rate reflecting, as expected, a decrease in Production Services of (15)%, primarily driven by lower revenue in Film & Episodic Visual Effects, and in DVD Services of (8)%, mainly due to lower volumes. However, there was an extremely strong performance in Connected Home, particularly in North America and Eurasia, where revenue growth (+34% and +29% respectively) was driven by increased underlying demand, mitigating a lower performance from Latin America. In the first quarter 2021, the Group realized €20 million of cost sav...