TiVo Financials Improve In A Tough Market
Nov 30, 2005, 8:00 AM
TiVo narrowed losses in its third quarter to $14.2 million from almost double that amount a year before. But this did nothing to appease a tough-minded stock market, as TiVo shares fell 10 percent on the day. The chief reason was that TiVo only grew 55,000 new subscriptions, versus 103,000 a year earlier.