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TiVo’s quarterly loss widens, subscribers rise

Posted Friday, March 11th, 2005 at 00:19 by MegaZone. Filed under TiVo

TiVo, maker of digital video recorders, on Thursday posted a wider fourth-quarter loss on higher costs, although subscriptions to its television recording service grew sharply. TiVo, whose systems let users customize TV viewing by recording shows on a built-in computer hard drive for playback later, said the net loss rose to $33.7 million, or 42 cents a share, from $12.4 million, or 18 cents a share. Analysts had expected a loss of 43 cents a share, according to Reuters Estimates.

I’m listening to the webcast right now to see if anything special was said.

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