China Digital TV (STV) Reports Q1 EPS of $0.02, Offers Q2 Outlook

Go back to China Digital TV (STV) Reports Q1 EPS of $0.02, Offers Q2 Outlook

China Digital TV Announces Unaudited First Quarter 2016 Results

May 17, 2016 5:30 PM EDT

BEIJING, May 17, 2016 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of cloud-based application platforms and conditional access ("CA") systems which enable China's digital cable television market to offer and secure diversified content services, today announced its unaudited financial results for the first quarter ended March 31, 2016.

"We are off to a solid start in 2016, as evidenced by the better-than-expected performance of our traditional business, and the growth and early-stage monetization of our cloud offerings," stated Mr. Jianhua Zhu,... More