Rovi Corp. (ROVI) Tops Q4 EPS by 28c

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Rovi Corporation Reports Fourth Quarter and 2015 Full Year Financial Results

February 11, 2016 4:10 PM EST

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Rovi Corporation (NASDAQ: ROVI) today reported financial results for the fourth quarter and for the full year ended December 31, 2015.

The Company reported fourth quarter revenue of $149.5 million, an increase of 11% compared to $134.2 million in the fourth quarter of 2014. Revenues were higher than in the comparable period in the prior year, due to catch-up payments from new deals. Fourth quarter 2015 Income from continuing operations, net of tax, was $26.3 million, compared to $5.9 million Loss from continuing operations, net of tax, for the fourth quarter of 2014. Fourth quarter Diluted income per... More