TiVo Sees Profit After Third Quarter

Nov 25, 2008  •  Post A Comment

Following a big litigation award against EchoStar, digital video recording company TiVo has posted a net profit of $100.6 million during its third quarter, Reuters reports. During the same time a year ago, the company posted an $8.3 million loss. The company also announced it ended the quarter at roughly 1.7 million subscriptions. Gross subscriber additions were at 44,000, compared to 69,000 a year ago, Reuters says.
—Christopher Perez

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