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Tivo loss widens, but not as much as expected
By Jim DalrympleMarch 8, 2010, 6:02 pm PT
Everyone that has one, loves it, but Tivo is still losing money. The company reported a $10.2 million loss in the fourth quarter or $0.09 per share, which compares to a $3.6 million loss for the same quarter last year. The good news is that analysts expected the company to report a loss of $0.12 per share, so they actually beat the street. Subscriptions to the service fell 22 percent this year.
Tivo Rises After Fourth-Quarter Results Top Estimates [Bloomberg]
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Tivo loss widens, but not as much as expected
By Jim DalrympleMarch 8, 2010, 6:02 pm PT
Everyone that has one, loves it, but Tivo is still losing money. The company reported a $10.2 million loss in the fourth quarter or $0.09 per share, which compares to a $3.6 million loss for the same quarter last year. The good news is that analysts expected the company to report a loss of $0.12 per share, so they actually beat the street. Subscriptions to the service fell 22 percent this year.
Tivo Rises After Fourth-Quarter Results Top Estimates [Bloomberg]
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Discussion 2 comments so far
2 Responses to “Tivo loss widens, but not as much as expected”
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So Jim, I'm interested in hearing what you see for the future of TiVo. Before we spend $500 for the next gen TiVo 4 and a possible lifetime sub, are we throwing good money away investing in TiVo's future?
I love Tivo. They are rumored to be working with DirecTV again, so they will be huge for them. Personally, I wouldn't hesitate to buy one.