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TiVo Beats Analyst's Expectations

Fourth quarter loss of nine cents per share less than anticipated

Kelsey Swanekamp--Forbes -- Broadcasting & Cable, 3/8/2010 6:35:05 PM

TiVo operates in the red as competition drives up research and development costs and weighs down the bottom line.

The company posted a loss for the fourth quarter, but it was slimmer than expected at 9 cents per share or $10.2 million. Analysts had predicted a loss of 12 cents per share.

To read the full story from Forbes, click here.

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