TiVo (TIVO) Reports In-Line Q2 EPS, Offers Q3 Guidance

MKM Partners Remains Bullish on TiVo (TIVO) Following 2Q16

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

Brean Capital Reiterates Buy on TiVo (TIVO) Following 2Q16

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

TiVo revenue beats estimates on subscriptions rise

September 8, 2015 4:13 PM EDT

By Anya George Tharakan

(Reuters) - Digital video recorder maker TiVo Inc reported a better-than-expected rise in quarterly revenue, helped by higher subscriptions.

The company's total subscriptions rose about 26 percent to more than 6 million in the second quarter ended July 31.

TiVo's set-top boxes are in high demand from cable users as they also allow access to online video services such as Netflix Inc, Hulu and Google Inc's YouTube.

Tivo sells subscriptions... More