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TiVo Inc. (NASDAQ: TIVO), the pioneering digital video recorder company, saw its Q4 period loss decline (after three profitable quarters) after the comp, and saw beefier margins but a 20% drop in revenue. TiVo's reason behind the revenue decline was that the retail market -- including its biggest retailer partner, Best Buy, Inc. (NYSE: BBY) -- was suffering badly and sales were down as a result. In other words, TiVo is suffering with just about every other manufacturer with a product in retail.TiVo Inc. posts
FeedTiVo quarterly losses narrow as company reports revenue drop
TiVo Inc. (NASDAQ: TIVO), the pioneering digital video recorder company, saw its Q4 period loss decline (after three profitable quarters) after the comp, and saw beefier margins but a 20% drop in revenue. TiVo's reason behind the revenue decline was that the retail market -- including its biggest retailer partner, Best Buy, Inc. (NYSE: BBY) -- was suffering badly and sales were down as a result. In other words, TiVo is suffering with just about every other manufacturer with a product in retail.Continue reading TiVo quarterly losses narrow as company reports revenue drop
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