From Yesterday, Rovi Expects 2011 Revs $775-780M vs $779M Est, EPS $2.45-2.50 vs $2.45 Est

On January 12, 2012, at an investor presentation in Las Vegas, Nevada, Rovi Corporation (NASDAQ: ROVI) will present a corporate overview and financial update, which presentation includes an update on the Company's current expectations with respect to its financial guidance for the year ended December 31, 2011 previously provided on November 8, 2011 and certain additional information related thereto. The presentation was announced by a widely disseminated press release and was made available to the public via audio webcast, and the slides that accompanied the presentation will be available to the public at the time of the webcast through the Company's website. During the presentation, the Company will present preliminary estimated ranges of the Company's 2011 non-GAAP adjusted pro forma (“APF”) revenue of $775 million to $780 million, APF EBITDA of $342 million to $347 million, APF net income of $279 million to $284 million, and APF earnings per share (“EPS”) of $2.45 to $2.50. The Company will also present 2012 estimates of $810 million to $840 million in revenue and $2.50 to $2.80 in APF EPS.

Non-GAAP or Adjusted Pro Forma Information Rovi Corporation provides non-GAAP or Adjusted Pro Forma information. References to APF information are to non-GAAP pro forma measures. As discussed in greater detail below, the Company provides APF financial information to assist investors in assessing its current and future operations in the way that its management evaluates those operations. APF Operating Income, APF EBITDA, APF Net Income and APF EPS are supplemental measures of the Company's performance that are not required by, and are not presented in accordance with, GAAP. APF information does not substitute for any performance measure derived in accordance with GAAP, including, but not limited to GAAP pro forma information prepared in accordance with ASC 805, Business Combinations.