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TiVo revenue rises on higher subscriptions
November 28, 2012 / 9:16 PM / 5 years ago

TiVo revenue rises on higher subscriptions

Nov 28 (Reuters) - TiVo Inc posted a higher quarterly revenue as the video recorder pioneer’s subscription base rose.

Net income was $59 million, or 44 cents per share, in the third quarter, compared with a loss of $24.5 million, or 21 cents per share, a year earlier.

Revenue rose about 27 percent to $82 million.

Subscriptions rose 44 percent in the quarter.

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