trending Market Intelligence /marketintelligence/en/news-insights/trending/97am2wtkaxtl1maivt64ew2 content esgSubNav
In This List

TiVo exploring strategic alternatives

Podcast

MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Podcast

MediaTalk | Season 2: Back in 2024!

Blog

Global 5G Survey 2023 Fixed wireless access growing but mid-band still No 1

Blog

Essential IR Insights Newsletter Fall - 2023


TiVo exploring strategic alternatives

TiVo Corp. shares were up more than 12% in after-hours trading Feb. 27 after the company said in its fourth-quarter 2017 earnings release that it is exploring strategic alternatives, including a potential sale.

The strategic options "range from transformative acquisitions that would accelerate our growth, to combining our business with other leading players, to becoming a private company."

The company engaged LionTree Advisors to help evaluate options.

TiVo posted fourth-quarter 2017 net income of $18.4 million, or 15 cents a share, compared to $9.8 million, or 8 cents per share, in the year-earlier quarter. Income from continuing operations included a non-cash benefit of $26.6 million from the 2017 tax act.