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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.

Keep up with all the latest news and information on the world of digital video recording, digital home theaters and online media with the DVRplayground community headlines blog.


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