TiVo Posts 1Q Loss As Revenue Falls Nearly 10 Pct
Rogers said the TiVo-powered DirecTV DVR will be out sometime early next year.
Looking ahead, TiVo said it expects service and technology revenue of $47 million to $49 million in the second quarter. Analysts are looking for revenue of $47.4 million. The company sees a second-quarter loss of $6 million to $8 million. Shares of TiVo were down 30 cents, or 4 percent, to $6.98 on Wednesday. The stock lost 3 cents to $6.95 in after-hours trading.- Loading Comments...
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