TiVo posts narrower 3Q loss

TiVo Inc., the maker of digital video recorders, on Wednesday reported a narrower third-quarter loss than last year and beat expectations as revenue rose sharply and expenses fell. For the quarter ended Oct. 31, TiVo posted a loss of $8.2 million, or 8 cents per share, versus a year-ago loss of $11.1 million, or 12 cents per share. Analysts expected a loss of 13 cents per share, according to a ...
From: www.thestate.com