Macquarie Remains Bullish on TiVo (TIVO) Following Cubiware Acquisition
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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
After-Hours Stock Movers 05/26: (EOX) (FPRX) (TIVO) Higher; (VNET) (WDAY) (COT) Lower (more...)
May 26, 2015 6:04 PM EDTEmerald Oil (NYSE: EOX) 53.6% HIGHER; elected not to proceed with its previously announced public offering of common stock. As a result of the Company's election not to proceed with its public offering, the Company will not be taking action to close the previously announced Delaware Basin acquisition.
Five Prime Therapeutics, Inc. (Nasdaq: FPRX) 20.2% HIGHER; bluebird bio (NASDAQ: BLUE) and Five Prime Therapeutics, Inc. (Nasdaq: FPRX) announced that they... 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
TiVo (TIVO) Announces Acquisition of Pat-TV Software Solutions Provider, Cubiware
May 26, 2015 4:03 PM EDTTiVo (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
