TiVo Inc. Earnings Cheat Sheet: Margins Expand

TiVo Inc. (NASDAQ:TIVO) reported its results for the second quarter. Tivo, Inc. is a provider of technology and services for digital video recorders.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

TiVo Earnings Cheat Sheet for the Second Quarter

Results: Loss widened to $19.6 million (17 cents per diluted share) from $15.3 million (loss of 13 cents per share) in the same quarter a year earlier.

Revenue: Rose 18.7% to $61.2 million from the year earlier quarter.

Actual vs. Wall St. Expectations: TIVO beat the mean analyst estimate of a loss of 20 cents per share. It beat the average revenue estimate of $47.6 million.

Key Stats:

A year-over-year revenue increase last quarter snaps a streak of four consecutive quarters of revenue declines. The worst quarter in that span was the first quarter, which saw a 25.5% decrease.

The company has now beaten estimates the last two quarters. In the first quarter, it topped expectations with a loss of -29 cents versus a mean estimate of a loss of 31 cents per share.

Gross margins grew 6.8 percentage points to 57%. The growth seemed to be driven by increased revenue, as the figure rose 18.7% from the year earlier quarter while costs rose 2.6%.

Competitors to Watch: DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), Virgin Media Inc. (NASDAQ:VMED), DIRECTV (NASDAQ:DTV), Time Warner Cable Inc. (NYSE:TWC), Cablevision Systems Corp. (NYSE:CVC), Netflix (NASDAQ:NFLX) and Echostar Corporation (NASDAQ:SATS).

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

(Source: Xignite Financials)