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NDS battered by currency changes

By Julian Clover
October 27, 2008

NDS has unveiled first quarter financials that show its income tumbling by 56% to $25.9 million (€20.4 million). However, while the management of new conditional access contracts by operators was a factor, the greatest problem for the News Corp technology company emerged as currency fluctuations rather than any immediate fault lines in its business.

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