TiVo returns to profit in second quarter
LOS ANGELES |
LOS ANGELES Aug 27 (Reuters) - Digital video recorder maker TiVo Inc (TIVO.O) said it returned to profit in the second-quarter, citing progress in rolling out services in U.S. and foreign markets.
The company said on Wednesday that net income for the quarter ended July 31 was $2.9 million, or 3 cents per share, compared with a loss of $17.7 million or 18 cent per share in the year-ago quarter. (Reporting by Alex Dobuzinskis)
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