China Digital TV Holding Co., Ltd. announced unaudited consolidated earnings results for the third quarter ended September 30, 2016. For the quarter, the company's total revenues were $12,081,000 compared with $10,675,000 a year ago. Net revenues were $11,815,000 compared with $10,547,000 a year ago. The increase in net Revenue was driven by other products and other services, but partially offset by a decrease in smart card revenues. Loss from operations were $698,000 compared with $1,049,000 a year ago. Net loss was $483,000 compared with net loss of $854,000 a year ago. Basic and diluted loss per share was $0.01 compared with loss of $0.01 a year ago.

The company expects smart card shipment volumes in the fourth quarter of 2016 to be in the range of 3.2 million to 3.5 million. Net revenues in the fourth quarter of 2016 are expected to be in the range of $11.0 million to $12.6 million.