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TiVo: 2Q Earnings Snapshot

July 31, 2019

SAN JOSE, Calif. (AP) _ TiVo Inc. (TIVO) on Wednesday reported a loss of $9.5 million in its second quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of 8 cents. Earnings, adjusted for amortization costs and stock option expense, were 25 cents per share.

The digital video recording company posted revenue of $176.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $161.5 million.

TiVo shares have declined 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.58, a drop of 38% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TIVO at https://www.zacks.com/ap/TIVO

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