TiVo Posts Big Subscriber Gains, Plans Stock Buybacks

By | August 27, 2014

Scalper1 News

Digital video recorder maker TiVo (TIVO) saw its stock rise Wednesday, a day after the company recorded better-than-expected earnings for its fiscal Q2 on a big gain in new subscribers. TiVo also announced a plan to spend $350 million to buy back its stock over the next 2.5 years. The company intends to repurchase $100 million in shares during the current fiscal year. TiVo stock was up 1% in morning trading on the stock market today, near 14 and Scalper1 News

Scalper1 News