TiVo’s quarterly loss widens, subscribers rise

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.

About MegaZone

MegaZone is the Editor of Gizmo Lovers and the chief contributor. He's been online since 1989 and active in several generations of 'social media' - mailing lists, USENet groups, web forums, and since 2003, blogging.    MegaZone has a presence on several social platforms: Google+ / Facebook / Twitter / LinkedIn / LiveJournal / Web.    You can also follow Gizmo Lovers on other sites: Blog / Google+ / Facebook / Twitter.
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