TiVo lost 730,000 subscribers over the 12 months ended Jan. 31, a 22 percent drop that left it with 2.605 million subscribers, Multichannel News reports.
That’s more than the 611,000 subscribers lost in the previous 12-month period.
Of TiVo’s total subscribers, the report says "1.140 million are via service providers including DirecTV and Comcast."
Also, the company reported a net loss of $10.2 million for the period, despite the fact revenue for the fourth quarter was up 15.7 percent, to $68.4 million.
Last week,TiVo won a major legal battle against Dish Network that is worth about $300 in damages.