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TiVo Predicts Sustained Profits as Revenue, Earnings Jump

Published on August 27, 2013
by Ian Sherr

TiVo Inc. announced the highest net revenue and profit in the company’s history and strong subscriber growth, causing the company to predict profits ahead for the foreseeable future.

The company, which has mostly posted losses since the second half of 2009, said results for its second fiscal quarter and ongoing royalty payments stemming from patent litigation eased doubts about its long-term profitability.

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