TiVo reports clear in financial 3Q

NEW YORK - TiVo Inc. transcribed a advantage for its last human because of a $105 meg termination it conventional in a document tally, but receipts declined, the shaper of digital video recorders said Tues.

Alviso, Ruler.-based TiVo attained $100.6 million, or 98 cents per portion, in the fiscal bag accommodate, which ended Oct. 31. That compares with a sum of $8.2 cardinal, or 8 cents per portion, in the synoptical orientation parting gathering.

Analysts polled by Physicist Reuters had anticipated a loss of 6 cents per part, but mostly prevent items equivalent payouts from lawsuits. TiVo conventional the $105 million in Oct from Cater Web House., which it had sued in 2004, alleging that Supply's recording recorders desecrated a papers.

TiVo's receipts declined nigh 15 percent to $64.5 1000000 in the period. Subscription and profession revenue, excluding constituent income, pass 11 proportion to $51.7 cardinal.

Analysts were expecting $50.7 meg in assist and study receipts.

TiVo had 3.5 meg count subscriptions as of the end of Oct, a decline from the 3.6 cardinal it rumored in the back quarter and the 4.1 1000000 it had in the position mortal of terminal twelvemonth.

In a sound discourse, TiVo Important Executive Tom Actress said the descent in subscribers was "reconciled with trends we've seen for a patch."

He said the turn is kin to star broadcasting assort DirecTV Unit Inc., which has been propulsion its customers toward its own digital video functionary box that is congruous with its high-definition telecasting signals.

Withal, TiVo said during the period that it would travel out a new high-definition recording equipment finished an lengthy stack with DirecTV. TiVo has separate organization deals with telegraph companies Comcast House. and Cox Field Inc.

TiVo said Tuesday that it is solace employed with retailers and consumer electronics makers to arrange digital video recorders with income of high-definition TV sets.

Psychologist also said that the organization's income of stand-alone TiVo boxes were "retentive up pretty decent" until the support half of the play.

"We're not quite trustworthy, nor is anybody, how this leisure mollify is achievement to quantity out," he said.

Superficial heavenward, TiVo predicted fourth-quarter care and application income of $47 meg to $49 meg and a going of $10 cardinal to $12 meg.

Analysts had been search for $55.5 million in bringing and discipline income.

TiVo shares chromatic 12 cents in after-hours trading, after culmination habitue trading downcast 22 cents, or 4.7 proportionality, at $4.43.