OpenTV Posts Revenue Increase3/18/2007 5:12 PM Eastern
Interactive-TV vendor OpenTV drew $26.7 million in fourth quarter revenue, up 10% from the $24.2 million it posted for the fourth quarter of 2005.
Adjusted earnings before interest, taxes, debt and amortization increased by $200,000 to $1 million during the quarter.
For 2006, OpenTV posted $101.9 million in revenue, up $87.4 million from 2005. It posted $3.9 million in EBITDA for the year compared with an EBITDA loss of $700,000 in 2005.