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Wednesday, 25 May 2011 - TiVo results jump thanks to legal settlement |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Netanyahu says will give up some land for peace | 4:46pm EDT San Diego family of 4 found dead in pool and bathtub 2:29pm EDT Judge denies bid to halt "Hangover 2" over tattoo 2:30pm EDT UPDATE 3-Searchers, dogs scour Missouri tornado wreckage 3:18pm EDT Analysis: Is Pakistan attack a blueprint for nuclear base raid? 9:05am EDT Discussed 325 Obama and Netanyahu face tense meeting on Mideast 125 As hours tick by, ”Judgment Day” looks a dud 105 Broadcaster silent as Judgment Day hours tick by Watched Plankers get fired for stunt Sun, May 22 2011 Arnold Schwarzenegger's mystery woman identified Thu, May 19 2011 Deadly Missouri tornado captured on video Mon, May 23 2011 TiVo results jump thanks to legal settlement Tweet Share this NEW YORK (Reuters) - TiVo Inc (TIVO.O), which makes digital video recorders, reported a quarterly profit, reversing a year ago loss, thanks to the blockbuster patent settlement it reached with Dish Network Corp (DISH.O) and EchoStar Corp... Email Print Related News Staples disappoints; some want office chains to merge Wed, May 18 2011 EchoStar, Dish to pay TiVo to settle dispute Mon, May 2 2011 Amazon, spending aggressively, expects rosy revenue Tue, Apr 26 2011 Analysis & Opinion U.S. munis: no disaster, but still vulnerable Microsoft’s $8.5 bln Skype price is in the cloud Related Topics Technology » A screen shows Internet services available through an broadband-connected TiVo digital video recorder at the Consumer Electronics Show in Las Vegas, Nevada January 5, 2006. Credit: Reuters/Steve Marcus NEW YORK | Tue May 24, 2011 4:51pm EDT NEW YORK (Reuters) - TiVo Inc (TIVO.O), which makes digital video recorders, reported a quarterly profit, reversing a year ago loss, thanks to the blockbuster patent settlement it reached with Dish Network Corp (DISH.O) and EchoStar Corp (SATS.O). TiVo posted a profit of $139 million, or $1.04 a share, compared with a loss of $14.2 million, or 13 cents a share, in the same period a year ago, it said on Tuesday. The stronger results came as revenue fell 25 percent to $45.8 million in its fiscal first quarter and are largely a reflection of a $175.7 million gain from the settlement. The agreement with Dish and EchoStar, both controlled by Charlie Ergen, called for an initial payment to TiVo of $300 million, with another $200 million to be paid in six equal annual installments between 2012 and 2017. (Reporting by Paul Thomasch; editing by Andre Grenon) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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