TiVo (TIVO) Reports In-Line Q2 EPS, Offers Q3 Guidance
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TiVo Reports Results for the Second Quarter Ended July 31, 2015
September 8, 2015 4:01 PM EDTSAN JOSE, CA -- (Marketwired) -- 09/08/15 -- TiVo Inc. (NASDAQ: TIVO)
Record Service and Software & Technology revenue of $99.1 million, an increase of 14% year-over-year, exceeding guidance MSO service revenue growth accelerated, up approximately 48% year-over-year; driven by a 32% year-over-year increase in MSO subscriptions Adjusted EBITDA of $32.4 million, exceeding guidance GAAP Net Income was $8.3 million; Non-GAAP Net Income grew 28% year-over-year to $11.9 million Total TiVo subscriptions now over six million TiVo-Owned gross additions of 37,000 were up 37% year-over-year; 8th straight quarter of double-digit growth Signed new distribution deals with the National... More