WASHINGTON (dpa-AFX) - Rovi Corp. (ROVI) reported first-quarter GAAP net loss of $4.6 million or $0.04 per share, compared to net income of $17.0 million or $0.15 per share in the previous year period.
Adjusted pro forma income for the quarter was $61.0 million or $0.56 per share, compared to $68.4 million or $0.58 per share in the comparable quarter last year.
On average, sixteen analysts polled by Thomson Reuters expected earnings of $0.56 per share for the quarter. Analysts' estimates normally exclude special items.
Quarterly revenues rose to $174.99 million from $152.74 million in the corresponding quarter last year.
On an adjusted pro forma basis, revenue for the quarter was $174.99 million, compared to $177.63 million in the prior-year quarter, while fifteen analysts had a consensus revenue estimate of $177.62 million for the quarter.
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