Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) traded 3,170,140 shares on last trading session with closing price of $6.30.
Ericsson extends leadership in all IP architectures with launch of Ericsson MediaFirst Administration Controller and Ericsson MediaFirst Encoding Live 8.1 at NAB Show 2017
Solution streamlines control of all processing elements across any platform using flexible, microservices architecture; enables rapid time to market and raised operator flexibility
New launches amplify the benefits of Ericsson MediaFirst Video Processing portfolio, to optimize OPEX costs and enable transition towards a holistic, agile software architecture
Ericsson (ERIC) has created the foundation for all IP and cloud native delivery models with the launch of Ericsson MediaFirst Administration Controller and Ericsson MediaFirst Encoding Live 8.1.
The fully virtualized processing solution, which makes its debut at NAB Show 2017 in Las Vegas, enables operators to capitalize on consumer demand for new services in areas such as UHD, virtual and augmented reality, together with new revenue generating opportunities like dynamic ad insertion.
Operating on any platform counting pure software, common off the shelf (COTS) server hardware, private and public cloud, the flexibility breakthrough addresses complex configurations by taking control of all processing elements, using a service-based approach that secures operations and optimizes service quality.
Elisabetta Romano, Vice President and Head of Media Solutions, Ericsson, says: “We are making it easier to monetize services and drive down processing delivery costs throughout the entire content lifecycle. Administration Controller and Encoding Live 8.1 are pivotal enhancements to MediaFirst Video Processing, the media industry`s most complete video processing solution. With these launches, Ericsson simplifies operations for content owners, broadcasters and service providers by enabling the move to complete virtualization across the media processing delivery chain.”
Building on the company`s 25 years of pioneering video compression expertise, and in close partnership with its customers and users, Ericsson MediaFirst Administration Controller simplifies the transition to software-based architecture, providing a unified access point for Ericsson MediaFirst Video Processing products counting Encoding Live, On Demand, Packaging, and Stream Processing. It allows operators to move away from a restrictive, monolithic approach towards a more agile service-based allocation, which streamlines application administration and deployment across many services and clusters. The new administration platform offers centralized visibility, configuration and control, together with flexible failover and licensing administration for MediaFirst Video Processing applications; it can also adapt to dynamically changing environments, whilst balancing cost control.
MediaFirst Video Processing Encoding Live 8.1 enables faster content deployment, drives operationally efficient delivery, and delivers more immersive consumer experiences than ever before. This newly introduced version offers a truly unified microservice architecture across all platform types, and includes centralized administration, integral failover, and dynamic licensing benefits, together with faster video transcoding and industry leading density when deployed on a platform incorporating Intel`s Quick Sync Video (QSV) dedicated video hardware core.
ERIC was trading -34.99% below its 52-week high and 32.71% above its 52-week low. Its last 5-Year EPS growth stands at -32.60%; with earnings growth of -122.90% yoy. The stock stands 0.36% above the average-price of 50 days and -2.15% compared with the SMA 20.
The stock has a 1-year performance down -34.39% and a negative weekly performance at -0.47%. Moreover, the stock is down -3.03% in one month through last close, to $6.30, showing a 8.46% return during the past three months. The company is set at a mean analysts’ recommendation of 2.70.
Kimco Realty Corp (NYSE:KIM) shares moved to $22.69 after opening the day at $22.71, on Wednesday. The stock floated in a price range of $22.64 to $23.03, with market capitalization of $9.73B. The stock exchanged hands with 3,246,534 shares lower as compared to its average daily volume of 3.77M shares. If we take a look on its volatility, 1.31 percent was seen in a week and for the month it was 1.68 percent.
The company’s net profit margin stands at 28.20% whereas its return on equity (ROE) is 6.30%. It has 425.63M of outstanding shares and its shares float measured at 414.28M. The average analysts gave this company a mean recommendation of 2.30.