TiVo (TIVO) Tops Q1 EPS by 1c; Guides Q2 Revenue Ahead of Expectations
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TiVo Reports 17% EPS Growth on Record Service and Technology Revenue and Continued Subscription Growth for the First Quarter Ended April 30, 2015
May 26, 2015 4:04 PM EDTSAN JOSE, CA -- (Marketwired) -- 05/26/15 -- TiVo Inc. (NASDAQ: TIVO)
Diluted EPS of $0.08, up 17% relative to the year-ago quarter Total TiVo subscriptions now approximately 5.8 million, up 27% year-over-year Record Service and technology revenues of $92.4 million in the first quarter, an increase of 7% year-over-year, exceeding guidance; driven by strong year-over-year growth in MSO and Digitalsmiths' service revenue MSO service revenue grew 41% year-over-year; Significant progress with existing distribution relationships; extended partnership with Virgin Media; Vodafone Spain bundling ONO television service powered by the cloud-based TiVo platform to its mobile... MoreTiVo Acquires Cubiware to Increase International Distribution
May 26, 2015 4:01 PM EDTSAN JOSE, CA -- (Marketwired) -- 05/26/15 -- TiVo Inc., (NASDAQ: TIVO) a leader in the advanced television entertainment market, today 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... More
