TiVo (TIVO) Reports Q4 Loss of $2.33, Revenues Miss

TiVo (NASDAQ: TIVO) reported Q4 EPS of ($2.33), versus $0.28 reported last year. Revenue for the quarter came in at $168.46 million versus the consensus estimate of $173.85 million.

“In the quarter, we continued to advance our strategic goals, focusing on our five pillars for growth along with a continued focus on profitability. Further, at CES, we demonstrated, to select partners, a unique entertainment discovery experience for the internet age and received very promising feedback. We plan to launch this product in the second half of 2019. On the IP front, we continue to expand our licensing, particularly in international markets,” said Raghu Rau, Interim President and Chief Executive Officer. “We are very excited about the prospects for our long-term growth strategy.”

For earnings history and earnings-related data on TiVo (TIVO) click here.

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