Wednesday, May 30, 2007

UPDATE 1-TiVo posts quarterly profit

(Reuters) - TiVo, whose digital video recording service faces growing
competition from set-top boxes made by cable and satellite TV
providers, reported a fiscal first-quarter profit of $835,000
or 1 cent a share, from a loss of $10.7 million, or 13 cents a
share, one year ago.




Analysts had expected a loss of 2 cents a share, according
to Reuters Estimates.


Read more at Reuters.com Market News

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