May 2, 2018 / 6:30 AM / 19 days ago

Inmarsat Q1 revenue rises 5 pct, guidance unchanged

LONDON, May 2 (Reuters) - British satellite firm Inmarsat said its first-quarter revenue rose 5 percent, building on the momentum achieved last year in its maritime and aviation services.

The company, which kept its full-year outlook unchanged, reported core earnings of $174.9 million, down 4.5 percent, in part reflecting less government work in the quarter, on revenue of $345.4 million.

Reporting by Paul Sandle; editing by Kate Holton

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