TiVo's midyear report card is in, and the numbers are better than most analysts expected.
The results aren't fabulous, but anything's better than the $17.7 million loss a year ago. In the second quarter of this year, the maker of digital video recorders earned revenues of $65.2 million, eking out a profit of $2.9 million, good for 3 cents per share for investors. Analysts had been anticipating revenues between $54 million and 59.3 million, a loss of 2 cents per share.
TiVo recorded lower services revenues this quarter than a year ago, but … Read more