TiVo Announces Significant Revenue Growth for Quarter Ending January 31, 2006

Posted on Wednesday, March 8, 2006 by MegaZone

TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), today reported financial results for the fourth quarter and fiscal year ended January 31, 2006. (PDF)

Highlights:
• Total subscription base grows to approximately 4.4 million, which represents 45 percent annual growth
• Annual net loss improvement of 57 percent compared to last year
• First fiscal year of positive cash flow from operations
• TiVo announces new pricing initiative, partnership with Verizon Wireless for mobile programming and TiVo�® KidZone, a new programming tool
• TiVo announces distribution agreement with RadioShack

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MegaZone is the Editor of Gizmo Lovers and the chief contributor. He's been online since 1989 and active in several generations of 'social media' - mailing lists, USENet groups, web forums, and since 2003, blogging.    MegaZone has a presence on several social platforms: Google+ / Facebook / Twitter / LinkedIn / LiveJournal / Web.    You can also follow Gizmo Lovers on other sites: Blog / Google+ / Facebook / Twitter.
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