Skip to main content



) -


(TIVO) - Get TiVo Corp. Report

shares slipped in premarket trading on Thursday as investors responded to the company's

weak first-quarter results

and second-quarter guidance.

The digital video recording company reported a loss of 17 cents a share on $67.78 million in revenue late on Wednesday. TiVo's service and technology revenue came in at $54.5 million. Analysts polled by

Thomson Reuters

were looking for a loss of 15 cents a share on $54.89 million in service and technology revenue.

TiVo shares dipped 1.79% to $8.54 before market open after closing down 3.03% in Wednesday's trading.

Shares of


(CIEN) - Get Ciena Corporation Report

, however, climbed after the company eased past analysts' estimates with its second-quarter results, released early on Thursday.

Scroll to Continue

TheStreet Recommends

Ciena's shares gained 4.88% to $12.46 before market open. The network equipment maker was also the most active

Nasdaq stock

on share volume of 846,092.


(FB) - Get Meta Platforms Inc. Class A Report

, which has seen its shares slump more than 25% since its IPO earlier this month, crept up 0.85% to $28.43 on share volume of 231,881.

The social networker's key partner,


(ZNGA) - Get Zynga Inc. Class A Report

, also rose Thursday, gaining 3.41% to reach $6.07 on share volume of 230,702.

--Written by James Rogers in New York.

>To follow the writer on Twitter, go to


>To submit a news tip, send an email to:


Check out our new tech blog,

Tech Trends

. Follow TheStreet Tech

on your wireless devices