TiVo Exceeds 2nd Quarter Revenue Targets

04:44 - Friday 9 August 2002 by THG Reporting Team
Source: Tom's Hardware – Keywords: tivo, exceeds, 2nd, quarter, revenue, targets Category : Miscellaneous

TiVo has announced that its revenue targets for Q2 of 2002 will double from their earlier projections of $10-$12 million to $23-24 million. The increase in revenue is in part due to licensing and services revenue of an additional $12 million received as part of a licensing deal with Sony Electronics and Toshiba. TiVo provides customizable viewing and recording services for television programs using digital video recorders.


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