TiVo Announces Quarterly Loss of $15.3 Million

Television services company TiVo Inc (TIVO) reported a net loss of $15.3 million for the second quarter, compared with a loss of $2.7 million a year earlier. Net loss per share was 13 cents.

Net revenue slipped to $51.6 million, from $57.6 million a year earlier, the company said in a statement.

TiVo forecast a net loss of $19 million to $21 million for the third quarter of fiscal 2011. The…

Continue reading TiVo Announces Quarterly Loss of $15.3 Million

TiVo Announces Quarterly Loss of $15.3 Million originally appeared on DailyFinance on Thu, 26 Aug 2010 06:55:00.

Filed Under: Company News, Technology, Earnings, Media, Retail

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