TiVo (TIVO) Reports In-Line Q1 Revenue, Offers FY Guidance

TiVo (NASDAQ: TIVO) reported Q1 EPS of ($0.21), may not compare to analyst estimate of $0.18. Revenue for the quarter came in at $158.2 million versus the consensus estimate of $158.14 million.

GUIDANCE:

TiVo sees FY2019 revenue of $640-654 million vs $643.3 expected.

• For fiscal year 2019, the Company expects revenue of $640 million to $654 million, and a GAAP loss before taxes of $75 million to $87 million. Additionally, the Company expects Adjusted EBITDA of $172 million to $178 million and Non-GAAP Pre-tax Income of $120 million to $126 million. TiVo anticipates it will incur $28 million to $29 million in Cash Taxes based on its operating expectations. Additionally, TiVo expects its GAAP Diluted weighted average shares outstanding to be approximately 126 million and Non-GAAP Diluted Weighted Average Shares Outstanding to be approximately 127 million.

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

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