OpenTV Technology Now in 13.9 Million Set-Top Boxes
OpenTV
(OPTV)
said its middleware is now installed in 13.9 million set-top boxes around the world, more than double the number from the end of last year.
The OpenTV middleware, a software product for digital, interactive television, was placed in more than 2.8 million units in the fourth quarter, a 65% increase compared with the year-ago period. The company lost 4 cents a share on revenue of $22.3 million in the latest fourth quarter.
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The company also repeated its guidance for the first quarter of 2001, saying it expects a loss of $3 million to $5 million, or 5 cents to 7 cents a share.
OpenTV, which is based in Mountain View, Calif., was unchanged in recent
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trading at $18.06.
