TiVo posted its second straight quarterly loss on Wednesday, but it was smaller than expected as the company reined in costs to offset sliding revenue and slowing user growth.

The company said it swung to a net loss of $4.1 million from a profit of $3.6 million a year earlier. Revenue in the period, which ended April 30, fell 9 percent, to $54.9 million. TiVo added 37,000 direct subscriptions in the quarter, down from 48,000 a year earlier.

Over all, direct subscriptions ended the quarter at 1.6 million, with total subscriptions of 3.2 million when those through other companies are included.

Other posts by :

1. Major banks support AST SpaceMobile
2. Fitch downgrades DirecTV debt
3. BBC: You’ll miss me when I’m gone
4. Some new US Starlink subs face $1,000 start-up fee
5. Project Kuiper beating OneWeb
6. OQ Tech gets Luxembourg 5G-by-Sat concession
7. Roskosmos: Heads roll, launch project scrapped
8. MDA under pressure over satellite order
9. SES backs C-band action from FCC

Categories: Articles, Business, In Home, Results