TiVo Reports 17% EPS Growth on Record Service and Technology Revenue and Continued Subscription Growth for the First Quarter Ended April 30, 2015
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Macquarie Remains Bullish on TiVo (TIVO) Following Cubiware Acquisition
May 27, 2015 8:57 AM EDTMacquarie 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
May 27, 2015 6:54 AM EDTBrean 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
May 26, 2015 4:05 PM EDTTiVo (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
