TiVo reported total revenue for Q4 of $214.2 million, a decrease of 15.1% as compared to $252.3 million reported in same quarter of 2016. Net income in the quarter was $18.4 million as compared to $9.8 million in 2016. Company added “We continued to strengthen our IP licensing business by renewing Altice’s US Pay TV license and expanding our licensing relationship with Google to include YouTube TV”.
For the full year, revenue was $826.5 million ($649.1 million in 2016) and net loss was $38 million (net income of $32.7 million in 2016).
