Earnings: OpenTV, Breakaway Solutions, Globix

Summary:OpenTV posted a smaller-than-expected loss in its second quarter Thursday, losing $3.3 million, or 7 cents a share, on sales of $11.

OpenTV posted a smaller-than-expected loss in its second quarter Thursday, losing $3.3 million, or 7 cents a share, on sales of $11.3 million. The sales figure represents an 83 percent improvement compared to the year-ago quarter when the company lost $1.2 million, or 3 cents a share, on sales of $6.2 million. First Call Corp. consensus expected it to lose 9 cents a share in the quarter. In other earnings reports, Breakaway Solutions and Globix losses were smaller than expected. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

Topics: Tech Industry

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