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OpenTV Reduces Losses, Increases Revenues
OpenTV, a provider of middleware and other technology solutions to direct-to-home operators, posted double-digit revenue growth in the 2006 second quarter.
In the three months that closed at the end of June, OpenTV generated revenues of $23.7 million, an increase of 13 percent compared to the same period a year ago. The operator suffered a net loss in the most recent quarter of $2.5 million, improved slightly over a loss of $4 million a year ago.
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