TiVo, Inc. (TIVO) Tops Q1 EPS by 1c

TiVo, Inc. (NASDAQ: TIVO) reported Q1 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $107.06 million versus the consensus estimate of $86.8 million.

Highlights:

• Total TiVo subscriptions surpassed 4.5 million; reaching highest level in Company's history
• Record cable subscription additions contributed to the net 341,000 MSO subscriptions added in the first quarter
• First to power delivery of instant access to Netflix through TiVo-enabled operator set-top boxes in both Europe and North America
• TiVo-Owned quarterly gross additions increase 33% year-over-year; Subscription acquisition costs decreased significantly in the first quarter
• Digitalsmiths announced deployments with Charter, Sharp, and Moviefone and launched with DISH Network

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

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