"We continue to make good progress realigning the business around our core operations," said Tom Carson, President and CEO of Rovi. "The sales of both the Rovi Entertainment Store and the Consumer Website businesses are important steps to continue sharpening our focus on driving growth in service provider and other related business."The Company repurchased 2.8 million shares of its stock for $65.0 million in the second quarter, bringing the total to 5.0 million shares of stock for $107.1 million during the first half of fiscal 2013. The Company now has approximately $115.8 million remaining in its existing share repurchase authorization.
Rovi Corporation Reports Second Quarter 2013 Financial Performance
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