China Digital TV Announces Unaudited Third Quarter 2016 Results
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China Digital TV (STV) Reports Q3 Loss of $0.01
November 15, 2016 5:02 PM ESTChina Digital TV (NYSE: STV) reported Q3 EPS of ($0.01), versus ($0.01) reported last year. Revenue for the quarter came in at $12.08 million, versus $10.68 million reported last year.
"We are glad to report another quarter with solid growth of our cloud business, primarily driven by the rapidly expanding customer base and enriching content offerings," commented Mr. Jianhua Zhu, China Digital TV's chief executive officer. "During the third quarter, revenues from our cloud platform grew substantially year over year, and the total number of registered users on our cloud... More
