TiVo Turns To Profit In Q4 - Quick Facts

(RTTNews) - TiVo Inc. (TIVO) Tuesday said fourth-quarter net income was $710 million or $0.16 per share, compared to net loss of $15.8 million or $0.13 per share in the same period last year.

On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.04 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues were $106.33 million, up from $88.86 million last year, while ten analysts expected revenues of $84.12 million.

Looking ahead, TiVo expects to report first quarter service and technology revenues in a range of $85 million to $87 million.