China Digital TV Holding Co., Ltd. reported consolidated unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported total revenues of $13,188,000 compared with $14,358,000 for the same period last year. Income from operations was $1,878,000 compared with $1,221,000 for the same period last year. Income before income taxes was $2,382,000 compared with $1,536,000 for the same period last year. Net income attributable to holders of ordinary shares was $1,159,000 or $0.02 diluted per share compared with $363,000 or $0.01 diluted per share for the same period last year. Net income attributable to China Digital TV Holding Co., Ltd. shareholders - Non-GAAP was $1,181,000 compared with $449,000 for the same period last year.

The company expects smart card shipment volumes in the second quarter of 2016 to be in the range of 2.0 million to 2.3 million. Net revenues in the second quarter of 2016 are expected to be in the range of $7.2 million to $8.2 million.