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The Associated Press

November 29, 2006

TiVo Inc. posted Wednesday a narrower third-quarter loss as the maker of digital video recorders gained a modest number of new subscribers amid tough competition.

The Alviso, Calif. company reported a quarterly loss of $11.1 million, or 12 cents per share, for the three months ending Oct. 31. In the same period last year, TiVo's net loss was $14.2 million, or 17 cents per share.

Net revenues climbed to $65.6 million, up from $49.6 million a year ago. Excluding hardware sales, service and technology revenue rose 22 percent to $52.6 million, compared with $43.2 million for the year-ago period.

Analysts, on average, were expecting a loss of 15 cents per share on service and technology revenue of $54.7 million, according to a survey by Thomson Financial.

TiVo said the number of subscribers grew to 4.4 million in the quarter, up 11 percent from a year ago....

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( The entire article is at the following source: http://www.topix.net/content/ap/1423043385148663477738789788160408994030 )
 

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Posted 11/29/2006 11:08 PM ET

By David Lieberman, USA TODAY

NEW YORK - TiVo shares (TIVO) 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.

"The company is burning a lot of cash and is showing little growth," says Oppenheimer's Alan Bezoza.

TiVo reported a net gain of 16,000 subscriptions in the quarter, for a total of about 4.4 million.

CEO Tom Rogers told analysts in a conference call to have faith in his efforts to establish TiVo as a premium alternative to cable and satellite in-house DVRs that cost less but have fewer features...

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( The entire article is at the following source: http://www.usatoday.com/money/companies/earnings/2006-11-29-tivo-usat_x.htm?csp=34 )
 

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The TV recording pioneer reports a smaller loss and plans to expand into Mexico, but investors sell down the shares thanks to a weak outlook

TiVo (TIVO), the digital video recording provider that allows users to store TV shows and zip through commercials, narrowed its quarterly loss and announced an expansion into Mexico....

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( The entire article is at the following source: http://www.businessweek.com/investo...2.htm?chan=top+news_top+news+index_technology )
 
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