Tivo's quarterly revenue rises on higher subscriptions

Wed Aug 29, 2012 4:16pm EDT

Aug 29 (Reuters) - Tivo Inc reported a higher quarterly revenue as subscriptions of its trademark digital video recorders rose 41 percent.

Revenue rose 7 percent to $65.3 million.

Net loss widened to $27.7 million, or 23 cents per share, in the second quarter, from $19.6 million or 17 cents per share, a year earlier.

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