TiVo Acquires Cubiware to Increase International Distribution

Macquarie Remains Bullish on TiVo (TIVO) Following Cubiware Acquisition

Macquarie maintains an Outperform rating and $15.00 price target on TiVo (NASDAQ: TIVO) with the belief that the Cubiware acquisition will help enhance presence in Latin America.

Analyst Andrew DeGasperi commented, "TiVo is well on its way to achieving ex-IP positive EBITDA before the royalty cliff-hanger in CY2018. The companys product... More

Brean Capital Reiterates Buy on TiVo (TIVO) Following Q1 Results and Cubiware Acquisition

Brean Capital reiterates a Buy rating and $14.00 price target on TiVo (NASDAQ: TIVO) following last nights 1Q16 financial results. TIVO reported non-GAAP EPS of $0.08, and Service and Technology revenue of $92.4 million. Last night, TIVO also announced that it acquired Cubiware.

Analyst Todd Mitchell commented on TIVO, saying, "Last... More

TiVo (TIVO) Tops Q1 EPS by 1c; Guides Q2 Revenue Ahead of Expectations

TiVo (NASDAQ: TIVO) reported Q1 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $92.4 million versus the consensus estimate of $91.35 million.

Total TiVo subscriptions now approximately 5.8 million, up 27% year-over-year.

TiVo sees Q2 2016 revenue of $94-97 million,... More

TiVo (TIVO) Announces Acquisition of Pat-TV Software Solutions Provider, Cubiware

TiVo (NASDAQ: TIVO) announced that is has acquired Cubiware, an innovative provider of cost-effective software solutions for emerging market Pay-TV operators. Cubiware will expand TiVo's international presence in 25 countries and positions TiVo to offer a broader array of compelling, cost effective solutions for Pay-TV operators across the world.

"Cubiware immediately accelerates our global Pay-TV efforts and enables us to more rapidly reach an even larger portion of the international market, which is expected to grow to more than a billion subscribers by 2020," said Tom Rogers, TiVo's President and CEO. "Cubiware's... More