TiVo Reports Results for the Second Quarter Ended July 31, 2015
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St slips as higher Treasury yields weigh on sentiment
- Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
MKM Partners Remains Bullish on TiVo (TIVO) Following 2Q16
September 9, 2015 10:47 AM EDTMKM Partners reiterated a Buy rating and $16.00 price target on TiVo (NASDAQ: TIVO) following the company's 2Q16. TIVO reported a slight upside to subscriber and revenue expectations.
Analyst Rob Sanderson commented, "TIVO reported a slight upside to subscriber and revenue expectations.... More
Brean Capital Reiterates Buy on TiVo (TIVO) Following 2Q16
September 9, 2015 8:41 AM EDTBrean Capital reiterated a Buy rating and $14.00 price target on TiVo (NASDAQ: TIVO) following the company's 2Q16 earnings report. TiVo reported a 14% increase in Service & Technology revenue to $99.1 million and a 9% increase in adjusted EBITDA of $32.4 million, both ahead of guidance and consensus estimates. Non-GAAP EPS of $0.09 was up modestly from $0.08 a year ago, while Cash at the end of F2Q16 stood at $713 million, which was modestly up from $647 million at F2015 year end.
Analyst Todd Mitchell commented, "TiVo reported solid F2Q16 subscriber momentum and better-than-expected revenue and adjusted EBITDA.... More
TiVo (TIVO) Reports In-Line Q2 EPS, Offers Q3 Guidance
September 8, 2015 4:07 PM EDTTiVo (NASDAQ: TIVO) reported Q2 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $95.97 million. Adjusted EBITDA was $32.4 million, exceeding guidance.
TiVo sees Q3 revenue of $100 - $103 million, versus the consensus of $98.22... More
