TiVo Inc. Unveils its New Network Comedy Collections
Mar 6 15
TiVo Inc. unveiled its new Network Comedy Collections giving TV lovers access to the best primetime and late night comedy programs across ABC, CBS, NBC and FOX. With access to these collections, especially for TiVo over-the-air (TiVo OTA) users, there is no need to pay for an a la carte streaming service when user can record the same content at the push of a single button. Available through TiVo Central®, TiVo Collections offer customers specially curated content. By keeping a close eye on seasonal and trending topics across the nation, the TiVo editorial staff creates collections of TV shows, movies and web content to eliminate endless hours of channel surfing.
TiVo Reaches Agreement with Vodafone Spain to Enhance the Smart TV Service of Ono
Mar 3 15
TiVo announced that it has reached an agreement with Vodafone Spain to enhance the smart TV service of Spanish cable operator Ono, acquired by Vodafone last year. As part of the agreement, Ono's smart TV service will be expanded in Spain and TiVo's platform will be upgraded to take advantage of TiVo's latest generation of capabilities. Set-top boxes powered by TiVo will also be marketed in Vodafone Spain retail stores. Ono first partnered with TiVo in 2011 to develop its next-generation television offering. The service has been rapidly adopted by more than half of Ono's user base, reaching over 500,000 active users. The partners reached a deal in September to implement TiVo's cloud service APIs to enhance customers' TV viewing experience on multiple screens.
TiVo Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended January 31, 2015; Provides Earnings Guidance for the First Quarter Ending April 30, 2015
Mar 3 15
TiVo Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended January 31, 2015. For the quarter, the company reported net revenues of $114,132,000 compared to $106,334,000 a year ago. Income from operations was $12,438,000 compared to $2,447,000 a year ago. Income before income taxes was $8,585,000 compared to $1,746,000 a year ago. Net income was $7,056,000 or $0.07 per diluted share compared to $710,000 or $0.01 per diluted share a year ago. EBITDA was $16,057,000 compared to $9,242,000 a year ago. Adjusted EBITDA was $24,158,000 compared to $19,554,000 a year ago.
For the year, the company reported net revenues of $451,479,000 compared to $406,253,000 a year ago. Income from operations was $61,027,000 compared to $107,255,000 a year ago. Income before income taxes was $53,213,000 compared to $103,905,000 a year ago. Net income was $30,832,000 or $0.28 per diluted share compared to $271,816,000 or $1.99 per diluted share a year ago. Net cash provided by operating activities was $22,901,000 compared to $495,049,000 a year ago. Acquisition of property and equipment activities was $6,488,000 compared to $6,331,000 a year ago. EBITDA was $74,931,000 compared to $121,629,000 a year ago. Adjusted EBITDA was $108,612,000 compared to $159,394,000 a year ago.
For the first quarter April 30, 2015, TiVo anticipates service and technology revenues in the range of $90 million to $92 million. TiVo expects Adjusted EBITDA to be in the range of $26 million to $29 million and net income to be in the range of $5 million to $8 million. Depreciation & amortization is expected to be in the rage of $4 million. Interest income & expense, other is expected to be in the rage of $4 million. EBITDA to be in the range of $18 million to $22 million. Adjusted EBITDA excluding litigation expense and litigation proceeds (past damage awards) to be in the range of $27 million to $31 million.
Frontier Communications Corporation Announces Strategic Relationship With TiVo Inc
Feb 25 15
TiVo Inc. and Frontier Communications Corporation announced a multi-year partnership. Starting in mid-2015, Frontier will market and deploy co-branded versions of TiVo's suite of whole-home products and services, including an industry-first deployment of the TiVo Roamio DVR with over-the-air (OTA) support as part of its video offering for residential and business customers across multiple markets. The TiVo Roamio DVR receives content both over-the-air and over the Internet. The new partnership will enable Frontier's high-speed Internet customers to enjoy a consistent TV experience spanning major broadcast channels and over the top (OTT) content via TiVo's unified cloud-based service, a whole-home gateway DVR, TiVo Mini, TiVo Stream. Multi-screen and remote scheduling functionality will be available through TiVo Web, iOS and Android mobile applications.
TiVo Inc. Presents at Morgan Stanley 2015 Technology, Media & Telecom Conference, Mar-04-2015 01:55 PM
Feb 25 15
TiVo Inc. Presents at Morgan Stanley 2015 Technology, Media & Telecom Conference, Mar-04-2015 01:55 PM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Naveen Chopra, Chief Financial Officer and Senior Vice President of Corporate Development & Strategy.