Rovi Corp. (ROVI) Misses Q3 EPS by 7c

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Rovi Corporation Reports Third Quarter 2015 Financial Results

October 28, 2015 4:10 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Rovi Corporation (NASDAQ: ROVI) today reported financial results for the third quarter ended September 30, 2015.

The Company reported third quarter revenue of $114.9 million, a decrease of 11% compared to $128.6 million in the third quarter of 2014. Third quarter 2015 Loss from continuing operations, net of tax, was $18.5 million, compared to $6.6 million Loss from continuing operations, net of tax, for the third quarter of 2014. Third quarter Diluted loss per share from continuing operations was $0.22, compared to $0.07 Diluted loss per share from continuing operations in the third quarter of 2014. After taking into consideration... More