Company's third quarter down from last year
TiVo posted improved results in the third quarter, with net losses narrowing to $8.2 million from $11.1 million in the year-earlier period.Revenue gained 14% to $75.5 million. Execs touted some positive developments, including deals with NBC to use TiVo data to track viewer habits and with the software maker Nero to extend TiVo’s reach to computers. Some 50 million PC tuners are forecast to be in use by 2011. A lawsuit charging EchoStar with patent infringement on its DVR offering is also nearing resolution, the company said. On a day of a broad market rally, struggling TiVo shares tacked on a little more than 1% to close at $5.98.