TIVO INC Reports 28% Increase In Q2 Bottom Line

(RTTNews) - TIVO INC (TIVO) reported a profit for its second quarter that increased from last year.

The company said its bottom line totaled $11.88 million, or $0.11 per share. This was higher than $9.31 million, or $0.08 per share, in last year's second quarter.

Analysts had expected the company to earn $0.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.8% to $119.45 million. This was up from $111.86 million last year.

TIVO INC earnings at a glance:

-Earnings (Q2): $11.88 Mln. vs. $9.31 Mln. last year.

-Earnings Growth (Y-o-Y): 27.6%

-EPS (Q2): $0.11 vs. $0.08 last year.

-EPS Growth (Y-o-Y): 37.5%

-Analysts Estimate: $0.09

-Revenue (Q2): $119.45 Mln vs. $111.86 Mln last year.

-Revenue Change (Y-o-Y): 6.8%

-Guidance:

Next quarter revenue guidance: $100 - $103 Mln