TiVo issues 3Q revenue guidance below Wall Street

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TiVo Inc. says its revenue in this quarter will fall short of analysts' current expectations.

The digital video recording company said Wednesday that its revenue for services and technology should be in the range of $49 million to $51 million in the fiscal third quarter. Analysts polled by Thomson Reuters had expected $57 million.

TiVo also said it expected a net loss in the range of $7 million to $9 million.

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