TiVo Q3 Profit Plunges - Quick Facts

(RTTNews) - TiVo Inc. (TIVO) Tuesday said third-quarter net income was $12.5 million or $0.10 per share, compared to $59.0 million or $0.44 per share in the same period last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues were $117.26 million, up 34% from $82.03 million last year, while eleven analysts expected revenues of $81.33 million.

Looking ahead, TiVo expects to report fourth quarter service and technology revenues in a range of $83 million to $85 million.