NEW YORK (TheStreet) --TiVo (TIVO) - Get Report stock is rising 0.65% to $10.02 in afternoon trading on Friday ahead of the company reporting its fiscal 2017 first quarter financial report Tuesday after the market close.
San Jose, CA-based TiVo provides video technology software and cloud-based software services.
Wall Street is anticipating the company to report earnings of 8 cents per share for the latest quarter, unchanged from the same quarter last year.
Revenue is expected to decline year over year to $99.56 million for the quarter, compared with $114.73 million for the fiscal 2016 first quarter.
TiVo will not hold a conference call to discuss the quarterly results since the company agreed to be acquired by Rovi (ROVI) for $1.1 billion last month. The deal is expected to close in the 2016 third quarter.
Separately, TiVo has a "hold" rating and a letter grade of C+ at TheStreet Ratings because of the company's revenue growth, attractive valuation levels and expanding profit margins, which offsets deteriorating net income, disappointing return on equity and weak operating cash flow.
You can view the full analysis from the report here: TIVO
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.