Earnings alert: TiVo swings to a loss
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Plus: HP profit gains on cost cuts, cheaper components...Dell execs skewed numbers to meet earnings targets...Applied Materials posts lower quarterly profit.
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TiVo has to try harder to earn its monthly keep.
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Time Warner has reported revenue growth of 5% for its third quarter, but net income declined. The company may also have to restate its financial results for 2002 in connection with the investigation of accounting
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TiVo reported a quarterly loss seven times the size of its loss a year ago, largely because of hefty legal costs associated with a high-stakes intellectual property patent dispute.
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TiVo has been synonymous with digital video recording since it pioneered the industry five years ago, controlling an estimated one-third of the market in 2004. That lofty perch is now beginning to crumble.
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The DVR pioneer turns a profit for its latest quarter.
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For its third quarter ended Sept. 30, the New York satellite radio broadcaster lost $169 million, or 14 cents a share. That compares with a year-ago loss of $107 million, or 11 cents a share.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall.
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NEVER surprise the market with a profit downgrading or the shares of your company will be severely caned. A slumping advertising share saw a surly Kerry Stokes yesterday issue a major earnings downgrade for the Seven Network.
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TiVo continues to lose money... a lot of it. Do the losses point to its eventual demise? Take an in-depth look at the company's latest conference call to see what developments are underway that may improve the company's long-term picture.
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Plus: Adobe earnings, outlook top Street...TiVo swings to a loss...HP profit gains on cost cuts, cheaper components.
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A recent court ruling paves the way for you to throw out your cable TV decoder and use the space for something else -- like a TiVo Series3. But the technology has its drawbacks. By Chris Kohler.
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roundup Plus: RealNetworks loss widens on litigation...SmartDisk expands hard-drive line...Target to sell TiVo DVRs.
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UTStarcom Inc. on Tuesday said its third-quarter profit plummeted, but beat Wall Street expectations. The networking products company reported earnings of $5 million, or 4 cents per share, down from $59.
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NEW YORK  -   TiVo shares fell 5.7% in after-hours trading Wednesday after the DVR pioneer reported revenue short of its forecast for the quarter that ended in October. It also said that holiday season marketing costs, including DVR rebates of as much as 100%, will push the current quarter's net loss to as much as $38 million.
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DirecTV Group Inc. (DTV.N: Quote, Profile, Research) on Tuesday posted a large quarterly loss as marketing and subscriber retention costs rose sharply, offsetting a 49 percent rise in new subscribers.
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Creo Inc., a Canadian maker of imaging software, said Wednesday that it swung to a loss in the fiscal fourth quarter as the cost of entering the digital plate business and the strength of the Canadian dollar offset higher revenue.