TiVo's Revenues Fall Short of Expectations as Does Guidance (TIVO)
3/8/2010-TiVo (NASDAQ: TIVO) reported a fiscal Q4 loss of $0.09, beating consensus estimates for a loss of $0.12.
Revenues during the quarter came in at $45.3 million, short of consensus estimates of $47.5 million.
TiVo reported that it lost 131,000 subscriptions in Q4.
For the fiscal Q1 of 2011, TiVo sees sales of $41 to $43 million (vs. consensus estimates of $47.5 million).
Write to Chip Brian at cbrian@tradethetrend.com
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