TiVo Doubles Subscription Additions and Expects to Reach Profitability by Fiscal Year End

TiVo Doubles Subscription Additions and Expects to Reach Profitability by Fiscal Year End Highlights: 698,000 net subscription additions in the fourth quarter (on the high end of expectations). Earnings pretty much in line with expectations, -.42 vs. analyst expectation of -.428.

Ramsay still says the company will be profitable by Q4. “We have a growing base of recurring revenues that, combined with planned reductions in total acquisition spending in the year, will put us in a position to achieve this goal by Q4.””

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