Rovi Corp. (ROVI) Tops Q1 EPS by 2c
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Rovi Corporation Reports First Quarter 2015 Financial Results
April 30, 2015 4:02 PM EDT
Delivers quarterly results above expectations
Continues
progress toward key licensing renewals and product deployments
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Rovi Corporation (NASDAQ: ROVI) today reported financial results for the first quarter ended March 31, 2015.
The Company reported first quarter revenue of $134.0 million, a decrease of 6% compared to $142.5 million in the first quarter of 2014. As expected, revenues were lower than in the comparable period in the prior year, which benefited from higher Consumer Electronics revenues, in part due to having Toshiba under license, and analog copy protection... More
