TiVo Tops Guidance

TiVo (TIVO) this afternoon reported revenue for its fiscal fourth quarter ended January 31 of $45.3 million, ahead of guidance at $43 million to $45 million, although below the Street at $47.5 million. Adjusted EBITDA was a loss of $3.2 million, beating guidance of a loss of $5 million to $7 million. The company lost 9 cents a share; the Street had expected a loss of 12 cents.

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