NEW YORK (

TheStreet

) -

TiVo

(TIVO) - Get 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

Ciena

(CIEN) - Get Report

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

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.

Facebook

(FB) - Get 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,

Zynga

(ZNGA) - Get Report

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

--Written by James Rogers in New York.

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