Brean Capital Reiterates Buy on TiVo (TIVO) Following 2Q16
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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... MoreTiVo and NCTC Partner to Deliver Members a Best-in-Class Pay-TV Choice
September 8, 2015 8:17 AM EDTSAN JOSE, CA -- (Marketwired) -- 09/08/15 -- TiVo Inc. (NASDAQ: TIVO), a leading innovator in the advanced television space, and the National Cable Television Cooperative (NCTC) today 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... More
