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TiVo Inc Issues Q2 2014 Guidance; EBITDA Guidance Above Analysts' Estimates

Monday, 20 May 2013 04:00pm EDT 

TiVo Inc announced that for the second quarter of 2014, it anticipates service and technology revenues in the range of $68 million to $70 million. Anticipates net loss in the range of ($13) million to ($16) million, and an Adjusted EBITDA of positive $1 million to ($2) million, which includes $9 million to $11 million of litigation spend. For fiscal 2014, it continues to anticipate that business trends should drive Adjusted EBITDA profitability, including litigation spend. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $68 million, net income of $(13) million and EBITDA of $(3) million for the second quarter of 2014. 

Company Quote

0.35 +2.61%
29 Jul 2014