Saturday, March 05, 2011 1:56:20 PM
"Highlights for Full Year 2010 * Based on 11,353,150 outstanding shares of common stock,
CABL
•China Digital TV shipped approximately 16.23 million smart cards in 2010, compared to 8.83 million smart cards in 2009.
•Net revenues in 2010 were US$87.1million, a 59.3% increase from 2009.
•Gross margin was 79.1% in 2010, compared to 75.5% in 2009.
•Diluted earnings per ADS in 2010 were US$0.57 compared to US$0.43 in 2009.
"Our industry experienced a strong rebound in the past year, underpinned by favorable government policies to encourage consolidation in the cable industry and the convergence of broadcast TV, telecommunication and Internet services in China," said Mr. Jianhua Zhu, China Digital TV's chairman and chief executive officer. "As the leading smart card supplier in China, supported by our broad customer base and effective execution of our growth initiatives, China Digital TV was able to achieve over 80% growth in card shipment and nearly 60% growth in revenues. We believe our growth outpaced the average market rate in 2010, thereby further solidifying our leading market position."
Not bad,could this be catalyst we all have been waiting for?
Please also SEE THIS POST FOR SOME SOLID DD:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60603853
CHART:
CABL
•China Digital TV shipped approximately 16.23 million smart cards in 2010, compared to 8.83 million smart cards in 2009.
•Net revenues in 2010 were US$87.1million, a 59.3% increase from 2009.
•Gross margin was 79.1% in 2010, compared to 75.5% in 2009.
•Diluted earnings per ADS in 2010 were US$0.57 compared to US$0.43 in 2009.
"Our industry experienced a strong rebound in the past year, underpinned by favorable government policies to encourage consolidation in the cable industry and the convergence of broadcast TV, telecommunication and Internet services in China," said Mr. Jianhua Zhu, China Digital TV's chairman and chief executive officer. "As the leading smart card supplier in China, supported by our broad customer base and effective execution of our growth initiatives, China Digital TV was able to achieve over 80% growth in card shipment and nearly 60% growth in revenues. We believe our growth outpaced the average market rate in 2010, thereby further solidifying our leading market position."
Not bad,could this be catalyst we all have been waiting for?
Please also SEE THIS POST FOR SOME SOLID DD:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60603853
CHART:
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