Rovi Corp. (ROVI) Wednesday said first-quarter loss widened to $25.73 million or $0.26 per share from $4.61 million or $0.04 per share in the same period last year.
Adjusted pro-forma income for the quarter was $44.9 million or $0.45 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.46 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $154.7 million, down from $171.7 million last year. Analysts expected revenues of $152.58 million.
For the fiscal year 2013, Rovi currently expects pro-forma earnings in the range of $1.95 to $2.25 per share, compared to the previous guidance range of $1.90 to $2.20 per share.
The company continues to expect revenues in the order $630 million and $660 million. Analysts currently expect the company to report full-year earnings of $2.07 per share on revenues of $646.05 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.