TiVo Inc.’s fiscal third-quarter loss widened as the cost of gaining new subscriptions climbed, though the effort appeared to pay off as the company broke a four-year streak of declining subscriber numbers.
Shares rose 4 percent to $9.95 after hours on the stronger-than-expected results. The stock had climbed 11 percent this year through the close.
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Voices is edited by Beth Callaghan.
