TiVo: rare profit
August 28, 2008
Revenue climbed 4% to $65.2 million, though that disappointed some analysts expecting a bigger gain. Significantly-lower marketing costs compared to a year ago helped boost profits. The company had 1.7 million TiVo-owned subscriptions at the end of the quarter, which declined slightly. But TiVo is looking for a boost from deals with multichannel platforms. TiVo's outlook for the next quarter, which is its fiscal third quarter, is for a net loss of $7 million-$9 million due to hardware and marketing expenses.
Other posts by :
- Oman’s Spaceport ready for fast-track launches
- Bank uplifts RocketLab
- AST SpaceMobile’s BlueBird/FM1 en route to India
- D2D satellite battle hots up
- Eutelsat share price rockets
- AST SpaceMobile recovers after Verizon agreement
- Bank has mixed messages for AST SpaceMobile
- EchoStar clears key regulatory hurdles for Starlink deal
- Starlinks falling to Earth every day