TiVo Posts Q1 Profit
Q1 earnings topped off the good news for the DVR manufacturer yesterday as it released the results of its quarterly report. Despite predictions of a $0.02 loss, TiVo reported its first ever profit: $835,000, or $0.01 per share.
However, analysts are expecting a $2.4M loss due to TiVo's recent, aggressive marketing campaign.
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