CHYR Profile
ChyronHego
Corporation (CHYR) is a provider of broadcast graphics solutions. The
company's products include live sports broadcast graphics systems,
on-air graphics systems, virtual and augmented reality graphics
systems, social media and digital graphics solutions, and graphics
asset management solutions. CHYR's products are used by broadcasters,
sports leagues, and sports teams, among others.
The company was
founded in 1966 and is headquartered in Melville, New York. Its
customers include ESPN, NBC Sports, Fox Sports, and the NFL. CHYR has
operations in the United States, Europe, and Asia.
In recent
years, CHYR has been focused on expanding its product offerings and
enhancing its technology. In 2019, the company launched its Click
Effects Prime graphics solution, which allows users to create and
manage live video content on a single platform. CHYR has also been
expanding its footprint in the sports technology market, partnering
with organizations such as the National Hockey League and Major League
Soccer.
However, CHYR has faced some challenges in recent
years. The COVID-19 pandemic led to a decline in demand for its
products in the live sports broadcast market. In addition, the company
has faced increased competition from other providers of broadcast
graphics solutions.
As of March 2023, CHYR is traded on the OTC
Markets Group Inc. under the symbol CHYR. The company's stock price
has fluctuated in recent years, reflecting the challenges facing the
live sports broadcast market and the competition in the broadcast
graphics solution
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