OpenTV Posts Revenue Increase

3/18/2007 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.

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