TiVo and NCTC Partner to Deliver Members a Best-in-Class Pay-TV Choice
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MKM Partners Remains Bullish on TiVo (TIVO) Following 2Q16
September 9, 2015 10:47 AM EDTMKM Partners reiterated a Buy rating and $16.00 price target on TiVo (NASDAQ: TIVO) following the company's 2Q16. TIVO reported a slight upside to subscriber and revenue expectations.
Analyst Rob Sanderson commented, "TIVO reported a slight upside to subscriber and revenue expectations.... More
Brean Capital Reiterates Buy on TiVo (TIVO) Following 2Q16
September 9, 2015 8:41 AM EDTBrean Capital reiterated a Buy rating and $14.00 price target on TiVo (NASDAQ: TIVO) following the company's 2Q16 earnings report. TiVo reported a 14% increase in Service & Technology revenue to $99.1 million and a 9% increase in adjusted EBITDA of $32.4 million, both ahead of guidance and consensus estimates. Non-GAAP EPS of $0.09 was up modestly from $0.08 a year ago, while Cash at the end of F2Q16 stood at $713 million, which was modestly up from $647 million at F2015 year end.
Analyst Todd Mitchell commented, "TiVo reported solid F2Q16 subscriber momentum and better-than-expected revenue and adjusted EBITDA.... More
TiVo (TIVO), NCTC Enter Partnership Covering Advanced Television Solutions
September 8, 2015 8:20 AM EDTTiVo (NASDAQ: TIVO) and the National Cable Television Cooperative (NCTC) announced that the NCTC will make TiVo's advanced television solutions available to their membership for deployment of multi-screen, linear, recorded, over the top, and video on demand TV experiences.
NCTC's 850 independent cable and telecommunication operators will now have cost-efficient access to the full collection of TiVo-powered products and services for the delivery of a consistent and compelling user-experience.
"This is a remarkable agreement for TiVo and the Pay-TV industry in which an... More
