TiVo Corporation (NASDAQ:TIVO) issued its earnings results on Thursday. The technology company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07), Briefing.com reports. TiVo Corporation had a net margin of 2.47% and a return on equity of 10.59%. The firm had revenue of $197.90 million during the quarter, compared to analysts’ expectations of $190.83 million. During the same quarter last year, the firm earned $0.59 EPS. The business’s revenue for the quarter was up 29.3% compared to the same quarter last year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.97%. TiVo Corporation’s dividend payout ratio (DPR) is presently 240.00%.

TRADEMARK VIOLATION WARNING: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://www.americanbankingnews.com/2017/11/02/tivo-corporation-tivo-announces-earnings-results.html.

In other news, EVP Pamela A. Sergeeff sold 3,147 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $20.00, for a total value of $62,940.00. Following the completion of the transaction, the executive vice president now owns 89,976 shares in the company, valued at approximately $1,799,520. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Dustin Finer sold 2,369 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $18.15, for a total value of $42,997.35. Following the completion of the transaction, the insider now owns 53,405 shares of the company’s stock, valued at approximately $969,300.75. The disclosure for this sale can be found here. Insiders sold a total of 17,397 shares of company stock valued at $343,557 in the last 90 days. 3.57% of the stock is owned by corporate insiders.

TIVO has been the topic of a number of recent research reports. B. Riley restated a “buy” rating and issued a $31.00 target price on shares of TiVo Corporation in a research note on Sunday, August 6th. Cowen and Company restated a “buy” rating and issued a $30.00 target price on shares of TiVo Corporation in a research note on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and issued a $18.00 target price on shares of TiVo Corporation in a research note on Friday, July 7th. Finally, ValuEngine upgraded TiVo Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $27.60.

About TiVo Corporation

TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.

Earnings History for TiVo Corporation (NASDAQ:TIVO)

Receive News & Ratings for TiVo Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TiVo Corporation and related companies with MarketBeat.com's FREE daily email newsletter.