TiVo (TIVO) Initiates, Declares $0.18 Quarterly Dividend; 6.3% Yield

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TiVo Corporation Reports Fourth Quarter and 2016 Full Year Financial Results

February 15, 2017 4:15 PM EST

Company Reports Better than Expected Results

On Track to Achieve $100 million Cost Synergy Targets

Declares Quarterly Cash Dividend of $0.18 per Share

Increases Stock Repurchase Program Authorization to $150 million

SAN CARLOS, Calif.--(BUSINESS WIRE)-- TiVo Corporation (NASDAQ: TIVO) today reported financial results for the fourth quarter and for the full year ended December 31, 2016.

Our Q4 financial results reflect the strength of the new TiVo, and strategically important deals with Samsung, Netflix and HBO demonstrate the... More