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Earnings Roundup: OpenTV, Agency.com top estimates

    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.

    First Call Corp. consensus expected it to lose 9 cents a share in the quarter.

    OpenTV (Nasdaq: OPTV) shares closed off 7 3/16 to 52 7/8 ahead of the earnings report.

    The $11.3 million in sales represents an 83 percent improvement compared to the year-ago quarter when it lost $1.2 million, or 3 cents a share, on sales of $6.2 million.

    "We are very pleased by our strong financial results in the second quarter," said CEO Jan Steenkamp in a prepared release. "Momentum for OpenTV continues to grow on a worldwide basis. We have extended our market leadership to the United States with our launch on EchoStar's DISH Network, and secured new deployment commitments from four additional network operators."

    Last quarter, OpenTV posted a smaller-than-expected loss of 5 cents a share.

    Its shares peaked at 245 3/4 in March before sliding all the way to a low of 36 1/4 in May.

    All three analysts following the stock rate it either a "buy" or "strong buy."

    Among other companies reporting earnings after the bell Thursday:

  • Breakaway Solutions (Nasdaq: BWAY) also posted a smaller-than-expected loss in its second quarter, losing $1.4 million, or 2 cents a share, on sales of $35.2 million.

    First Call Corp. consensus expected it to lose 4 cents a share in the quarter.

    Ahead of the earnings report, its shares closed off 1 53/64 to 28.

    The $35.2 million in sales marks a 396 percent jump from the year-ago quarter when it lost $2.2 million, or 4 cents a share, on sales of $7.1 million.

  • Globix (Nasdaq: GBIX) beat the Street in its third quarter, posting a loss of $31.9 million, or 91 cents a share, on sales of $21.3 million.

    First Call Corp. consensus expected it to lose $1.03 a share in the quarter.

    Its shares ended down 1 57/64 to 25 63/64 ahead of the earnings report.

    The $21.3 million in sales marks a 128 percent improvement from the year-ago quarter when it lost $8.8 million, or 27 cents a share, on sales of $9.4 million.

  • Agency.com (Nasdaq: ACOM) easily topped analysts' estimates in its second quarter, earning $3.7 million, or 8 cents a share, on sales of $50.2 million.

    First Call Corp. consensus expected it to earn 2 cents a share in the quarter.

    Agency.com shares closed off 1 1/8 to 21 ahead of the earnings report.

    The $50.2 million in sales represents a 95 percent jump from the year-ago quarter when it lost $1.7 million, or 6 cents a share, on sales of $25.8 million.