TiVo revenue rises about 7 percent on higher subscriptions
Reuters
Published Sep 08, 2015 04:13PM ET
Updated Sep 08, 2015 04:28PM ET
TiVo revenue rises about 7 percent on higher subscriptions
(Reuters) - Digital video recorder maker TiVo (NASDAQ:TIVO) Inc reported a 6.8 percent rise in quarterly revenue, helped by higher subscriptions.
TiVo's net income fell to $8.3 million from $9.3 million a year earlier. On a per share basis, profit rose by one cent to 9 cents as the number of diluted shares fell.
Net revenue rose to $119.5 million from $111.9 million.
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Written By: Reuters
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