Skip to main content

IPTV Boosts Tut Revenue

IPTV-headend provider Tut Systems Inc. posted gross profit of $4 million on revenue of $11.5 million in its first quarter ending March 31, beating last year’s results of $2.5 million gross profit on revenue of $7.1 million.

The big jump came in the video-processing division, where revenue jumped from $5.9 million to $10.5 million.