Thursday, May 31, 2012

TiVo Shares Drop on Disappointing 1Q Results, View

Shares of digital video recorder pioneer TiVo Inc. fell Thursday after its first-quarter loss and guidance for the current period were worse than analysts expected. THE SPARK: TiVo’s loss in the February-April quarter came to 15 cents per share, 2 cents worse than analysts predicted. Revenue topped expectations, but its TiVo had…

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