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From The Wall Street Journal:
NEW YORK (Dow Jones)--TiVo Inc. (TIVO) posted the most profitable quarter in the company's history in the fiscal first quarter thanks to its recent legal settlement with Dish Network Corp. (DISH). With the dispute with Dish behind the company, a new deal with Comcast Corp. (CMCSK, CMCSA) and a continued rollout by other cable companies, TiVo is establishing a clearer path back to profitability and subscriber growth.
But the boost to the bottom line was only a temporary one. The company continues to struggle with the transition from its more mature, and deteriorating, business to its new, more profitabile products.
TiVo expects to return to a loss in the second quarter of $25 million to $27 million on service and technology revenue of $46 million to $48 million. Analysts polled by Thomson Reuters most recently expected a loss of $17.6 million on $42.8 million in total revenue. Service and technology revenues account for the bulk of the total. Analysts' estimates exclude impacts from a recent settlement.
For the fiscal first quarter, TiVo reported a profit of $139 million, or $1.04 a share, compared with a year-earlier loss of $14.2 million, or 13 cents a share.
Revenue fell 25% to $45.8 million as service and technology revenue fell 10% to $38.8 million.
"We have substantially improved our financial picture," Chief Executive Tom Rogers said in an interview.
Earlier this month, Dish and its former unit EchoStar Corp. (SATS) agreed to pay TiVo $500 million to settle a seven-year patent dispute over digital video recorder technology. Rogers said at the time that resolving the dispute would let the company focus on strategies such as building more relationships with media companies. As part of the deal, Dish would continue to pay TiVo a licensing fee.
"Reaching a settlement of this magnitude underscores the fundemental nature of our intellectual property," Rogers said.
He added the company is exploring its options for use of the cash. One of those options include a possible share buyback.
TiVo had posted wider losses in recent quarters amid lower revenue and higher costs. It has also reported lower subscriber counts. In the latest period, it lost a net 88,000 subscribers, fewer than the 96,000 it lost a year earlier. Total subscriptions ended the quarter at 2 million, down 22% from a year earlier.
Rogers said the losses come from the company's older boxes, which TiVo no longer makes, and that its newer products continue to attract customers. In particular, the company is seeing growth in users from its cable customers.
"You have to separate the legacy stuff from the new stuff," he said.
He declined to predict when the company would return to customer growth, but said the trend was moving in the right direction.
Gross margin widened to 46.1% from 43.6%.
Subscriber acquisition costs declined 8.4%. Monthly churn, or the cancellation rate, was 2.3% for TiVo-owned subscribers, compared with 2% from a year earlier.
While TiVo expects lower legal costs down the line, the company still has a pending patent battle with AT&T Inc (T), Verizon Communications Inc. (VZ) and Microsoft Corp. (MSFT). Rogers said TiVo has done a good job of batting away earlier suits designed to scare the company away.
Shares fell 2 cents to $9.39 in recent after-hours trading. Through Tuesday's close, the stock is up 4% the past year.
-By Roger Cheng, Dow Jones Newswires; 212-416-2153; roger.cheng@dowjones.com
--Matt Jarzemsky contributed to this report
2nd UPDATE: TiVo Swings To 1Q Profit After Dish Settlement - WSJ.com
NEW YORK (Dow Jones)--TiVo Inc. (TIVO) posted the most profitable quarter in the company's history in the fiscal first quarter thanks to its recent legal settlement with Dish Network Corp. (DISH). With the dispute with Dish behind the company, a new deal with Comcast Corp. (CMCSK, CMCSA) and a continued rollout by other cable companies, TiVo is establishing a clearer path back to profitability and subscriber growth.
But the boost to the bottom line was only a temporary one. The company continues to struggle with the transition from its more mature, and deteriorating, business to its new, more profitabile products.
TiVo expects to return to a loss in the second quarter of $25 million to $27 million on service and technology revenue of $46 million to $48 million. Analysts polled by Thomson Reuters most recently expected a loss of $17.6 million on $42.8 million in total revenue. Service and technology revenues account for the bulk of the total. Analysts' estimates exclude impacts from a recent settlement.
For the fiscal first quarter, TiVo reported a profit of $139 million, or $1.04 a share, compared with a year-earlier loss of $14.2 million, or 13 cents a share.
Revenue fell 25% to $45.8 million as service and technology revenue fell 10% to $38.8 million.
"We have substantially improved our financial picture," Chief Executive Tom Rogers said in an interview.
Earlier this month, Dish and its former unit EchoStar Corp. (SATS) agreed to pay TiVo $500 million to settle a seven-year patent dispute over digital video recorder technology. Rogers said at the time that resolving the dispute would let the company focus on strategies such as building more relationships with media companies. As part of the deal, Dish would continue to pay TiVo a licensing fee.
"Reaching a settlement of this magnitude underscores the fundemental nature of our intellectual property," Rogers said.
He added the company is exploring its options for use of the cash. One of those options include a possible share buyback.
TiVo had posted wider losses in recent quarters amid lower revenue and higher costs. It has also reported lower subscriber counts. In the latest period, it lost a net 88,000 subscribers, fewer than the 96,000 it lost a year earlier. Total subscriptions ended the quarter at 2 million, down 22% from a year earlier.
Rogers said the losses come from the company's older boxes, which TiVo no longer makes, and that its newer products continue to attract customers. In particular, the company is seeing growth in users from its cable customers.
"You have to separate the legacy stuff from the new stuff," he said.
He declined to predict when the company would return to customer growth, but said the trend was moving in the right direction.
Gross margin widened to 46.1% from 43.6%.
Subscriber acquisition costs declined 8.4%. Monthly churn, or the cancellation rate, was 2.3% for TiVo-owned subscribers, compared with 2% from a year earlier.
While TiVo expects lower legal costs down the line, the company still has a pending patent battle with AT&T Inc (T), Verizon Communications Inc. (VZ) and Microsoft Corp. (MSFT). Rogers said TiVo has done a good job of batting away earlier suits designed to scare the company away.
Shares fell 2 cents to $9.39 in recent after-hours trading. Through Tuesday's close, the stock is up 4% the past year.
-By Roger Cheng, Dow Jones Newswires; 212-416-2153; roger.cheng@dowjones.com
--Matt Jarzemsky contributed to this report
2nd UPDATE: TiVo Swings To 1Q Profit After Dish Settlement - WSJ.com
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2011 views
Just depends on how much MS & VZ hurt them. They are making SOOO much money they could go bankrupt. 
Just depends on how much MS & VZ hurt them. They are making SOOO much money they could go bankrupt.
I bet they will settle pretty quickly. MS and VZ will cross license, Dish did not really have any patent protection.
Supporting Founder
Really excited for this season with Kentucky having a new coach and some really exciting recruits. Probably won't last long, but here's hoping this season is great.
152 Replies
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1888 views
M
They get cruel sometimes, very very cruel.
. Hated to see my dawgs go down but I still say being ranked #1 is a hex on you!
They get cruel sometimes, very very cruel.
. Hated to see my dawgs go down but I still say being ranked #1 is a hex on you!
Yup, I agree, I'd rather be 2 or 3 till the last few weeks.They get cruel sometimes, very very cruel.
Lifetime Supporter
Schedule drops tomorrow. Mandatory mini camps in June. Hall of Fame game August 6th.
113 Replies
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1792 views
Troy Aikman seems to confirm he'll be leaving ESPN
Aikman says he looks forward to "where my next landing spot will be."
www.nbcsports.com
M
Hopefully nowhere near a microphone.Troy Aikman seems to confirm he'll be leaving ESPN
Aikman says he looks forward to "where my next landing spot will be."
Browns lead the AFC North 
I guess even the patience of us laid-back Hoosiers has its limits:
www.colts.com
Colts relieve general manager Chris Ballard of his duties
Colts Owner & CEO Carlie Irsay-Gordon released a statement Monday announcing the news.
www.colts.com
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/shorts/PSGt6dUXdnI
Direct YouTube Link - RTX Spark: NVIDIA's AI PC Powerhouse Details! #shorts
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/shorts/PSGt6dUXdnI
Direct YouTube Link - RTX Spark: NVIDIA's AI PC Powerhouse Details! #shorts
TWIT's Website
TWIT Live Feed
0 Replies
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5 views
Why are ViP922s So rare? like its crazy how ebay has none, i checked everywhere, also, i got a ViP222k now, which is actually activated!
7 Replies
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192 views
Staff member
HERE TO HELP YOU!
Cutting Edge
Sometimes a thread gets so many posts in it that is can cause issues for the server so that why today we introduce The Song Name Game Part 3!
So let the game continue!
The last song was added by Bobby who posted...
One Meat Ball - Andrews Sisters
CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!
Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game
Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.
Example:
Long Live Rock and Roll -- Rainbow
Rainbow in the Dark -- Dio
Another example:
Ride the Lightning -- Metallica
Lightning Strikes -- Ozzy Osbourne
Get it?
An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
So let the game continue!
The last song was added by Bobby who posted...
One Meat Ball - Andrews Sisters
CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!
Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game
Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.
Example:
Long Live Rock and Roll -- Rainbow
Rainbow in the Dark -- Dio
Another example:
Ride the Lightning -- Metallica
Lightning Strikes -- Ozzy Osbourne
Get it?
An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
68534 Replies
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2673256 views
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/shorts/A_V4A_ne8wE
Direct YouTube Link - "You Can See Everything" Is 1 of the Century's Best #shorts
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/shorts/A_V4A_ne8wE
Direct YouTube Link - "You Can See Everything" Is 1 of the Century's Best #shorts
TWIT's Website
TWIT Live Feed
0 Replies
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11 views
Staff member
HERE TO HELP YOU!
We have a Breakfast and Dinner thread so... 
Continuing from the Breakfast thread, found Cornbread mix so ...
Yellow Cornbread Mix
2 Hatch Green Chiles -diced
1 Egg
2/3 cup of milk
add to greased pan
Bake for 400f 20-25 minutes(From instructions)
now to put together and try... this to go with pinto beans...
Continuing from the Breakfast thread, found Cornbread mix so ...
Yellow Cornbread Mix
2 Hatch Green Chiles -diced
1 Egg
2/3 cup of milk
add to greased pan
Bake for 400f 20-25 minutes(From instructions)
now to put together and try... this to go with pinto beans...
5446 Replies
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335529 views
Staff member
HERE TO HELP YOU!
Stargate SG-1 cancelled, Atlantis renewed
Monday - August 21, 2006 | by Darren Sumner
The future of Stargate is in question today, as SCI FI Channel has cancelled the long-running Stargate SG-1, Multichannel News reported today and a GateWorld source has confirmed. The news regrettably follows the airing of the show's milestone two-hundredth episode on Friday.
Stargate Atlantis, meanwhile, has been renewed for a fourth season, with the network hoping to see that the spin-off series can stand alone, according to a source.
Source Gateworld
Monday - August 21, 2006 | by Darren Sumner
The future of Stargate is in question today, as SCI FI Channel has cancelled the long-running Stargate SG-1, Multichannel News reported today and a GateWorld source has confirmed. The news regrettably follows the airing of the show's milestone two-hundredth episode on Friday.
Stargate Atlantis, meanwhile, has been renewed for a fourth season, with the network hoping to see that the spin-off series can stand alone, according to a source.
Source Gateworld
2032 Replies
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184100 views
Watch Stargate SG-1 for Free Online | Pluto TV
Stargate SG-1 picks up where the blockbuster film left off as the SG-1 team sets out to explore the mysteries of the Stargate and the worlds beyond it in the pulse-pounding series which became a worldwide phenomenon and a science fiction classic. Stream Stargate SG-1 for free on Pluto TV.
pluto.tv
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/watch?v=beerzKBCSUo
Direct YouTube Link - Elon Musk's Wildest Demo Yet! Is It Real?
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/watch?v=beerzKBCSUo
Direct YouTube Link - Elon Musk's Wildest Demo Yet! Is It Real?
TWIT's Website
TWIT Live Feed
0 Replies
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17 views