Earnings
By
| December 1, 2008
TiVo posted a 3Q profit of $100.6mln, helped by the $105mln DISH Network paid it in a patent lawsuit. Revenue fell nearly 15% to $64.5mln, while subs from MSOs (including Comcast, DirecTV, Cablevision Mexico and others) declined by 135K subs sequentially. Cox plans to make a TiVo service available to non-employees in its testing of the product in the next few months, execs said. TiVo also gave more details on last weeks layoff announcement ( Cfax , 11/19), saying it involves 7% of its workforce. — SeaChange‘s 3Q net income was up to $3.4mln from $3.3mln a year ago, while revenue climbed about 6% to $51.8mln. Revenue for the software segment was up 29% $37.6mln, which execs attributed to higher Comcast software upgrade revenue.