China Digital TV (STV) Reports Q4 Loss of $0.02

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China Digital TV Announces Unaudited Fourth Quarter and Full Year 2016 Results

February 28, 2017 5:00 PM EST

BEIJING, Feb. 28, 2017 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), a leading provider of cable TV technology which enables China's cable TV and IPTV markets to offer diversified TV content services, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2016.

"Last year was a meaningful year in the development of our company. Given the saturation of the Conditional Access ("CA") market and our strategic concentration on emerging and diversified opportunities, we decided to sell our... More