TiVo Turns To Profit In Q1 - Quick Facts

(RTTNews) - TiVo Inc. (TIVO) Thursday said first-quarter net income was $8.1 million or $0.07 per share, compared to net loss of $10.3 million or $0.09 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.

Net revenues were $107.06 million, up from $82.57 million last year. Twelve analysts expected revenues of $86.85 million.

Looking ahead, TiVo expects to report second quarter service and technology revenues in the range of $86 million to $88 million.