* Q3 loss 6 cts/share vs Street view loss 6 cts/share
* Q3 service & tech rev $47.1 mln vs Street view $49.7 mln
* Sees Q4 service & tech rev $43-$45 mln
* Shares dip 0.4 pct after hours
(Adds details on partnerships, CEO comment, bylines)
By Ian Sherr and Gabriel Madway
SAN FRANCISCO, Nov 24 (Reuters) - Digital video recorder maker TiVo Inc (TIVO.O) posted a loss that matched analysts estimates on Tuesday, with revenue coming in slightly below expectations, and shares dipped in after-hours trading.
The company also set a revenue forecast for the current quarter below Wall Street’s targets.
TiVo-owned subscription gross additions for the third quarter totaled 34,000, compared with 44,000 a year ago.
Seeking new revenue streams, the company has licensed its technology to cable operators and satellite companies such as DirecTV DTV.O, and provided access to Internet content through its DVR. The company is also selling its TV viewing data and analytical services.
In September, a U.S. district court awarded TiVo nearly $200 million in damages in the case. Dish and EchoStar said they planned to appeal the latest ruling.
“We remain highly confident that the positions we took in our brief will prevail,” TiVo Chief Executive Tom Rogers said on a conference call with analysts.
Separately Tuesday, TiVo announced deals with Google Inc (GOOG.O) to license its TV data, and to create new set-top box products for Virgin Media [VMEDL.UL].
“We’re seeing substantially increased demand for what we do -- creating products for advanced television services,” TiVo’s Rogers told Reuters.
The company reported a net loss of $6.67 million, or 6 cents a share in its third quarter, down from earnings of $100.63 million, or 98 cents a share, in the year-ago period. That period included several items amounting to $87.8 million related to its EchoStar litigation
The latest quarter’s results were in line with the average analyst estimate for a loss of 6 cents a share, according to Thomson Reuters I/B/E/S.
Revenue fell 11.7 percent to $56.86 million, while service and technology revenue came in at $47.1 million. Wall Street was expecting revenue of $49.7 million.
For the fourth quarter, TiVo forecast service and technology revenue of $43 million to $45 million, and a net loss in the range of $15 million to $13 million.
Analysts were expecting revenue of $46.2 million for the current quarter.
Shares of Alviso, California-based TiVo closed at $10.97 on the Nasdaq and fell to $10.93 after hours. (Additional reporting by Paul Thomasch; Editing Bernard Orr) ((firstname.lastname@example.org; +1 415 677 2536))