Rovi Q2 Loss Narrows - Quick Facts

(RTTNews) - Rovi Corp. (ROVI) Wednesday said second-quarter loss narrowed to $2.64 million or $0.03 per share from $74.07 million or $0.75 per share in the same period last year.

Adjusted pro-forma earnings for the quarter were $0.43 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 6.1 percent to $137.1 million from $129.2 million last year. Analysts expected revenues of $127.63 million.

Looking ahead to the fiscal 2014, the company has forecast adjusted pro-forma earnings in the order of $1.52 to $1.80 per share, with revenues in the order of $525 million to $550 million. Analysts currently expect the company to report full-year earnings of $1.71 per share on revenues of $537.37 million.