TiVo Reports Results for the Second Quarter Ended July 31, 2015
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Go back to TiVo Reports Results for the Second Quarter Ended July 31, 2015
September 9, 2015 10:47 AM EDT
MKM 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
September 9, 2015 8:41 AM EDT
Brean 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
September 8, 2015 4:07 PM EDT
TiVo (NASDAQ: TIVO) reported Q2 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $95.97 million. Adjusted EBITDA was $32.4 million, exceeding guidance.
TiVo sees Q3 revenue of $100 - $103 million, versus the consensus of $98.22... More
