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TiVo: 1Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ TiVo Inc. (TIVO) on Wednesday reported a loss of $179.2 million in its first quarter.

The San Jose, California-based company said it had a loss of $1.41 per share. Earnings, adjusted for asset impairment costs and amortization costs, came to 30 cents per share.

The digital video recording company posted revenue of $159.9 million in the period.

TiVo expects full-year revenue in the range of $650 million to $690 million.

TiVo shares have decreased 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.86, a decline of 25% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TIVO at https://www.zacks.com/ap/TIVO