Last $22.76 USD
Change Today +0.55 / 2.48%
Volume 1.2M
ROVI On Other Exchanges
Symbol
Exchange
Munich
As of 5:20 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

rovi corp (ROVI) Snapshot

Open
$22.28
Previous Close
$22.21
Day High
$22.79
Day Low
$22.28
52 Week High
02/25/14 - $25.34
52 Week Low
10/13/14 - $17.52
Market Cap
2.2B
Average Volume 10 Days
490.4K
EPS TTM
$0.18
Shares Outstanding
95.1M
EX-Date
--
P/E TM
127.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for ROVI CORP (ROVI)

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rovi corp (ROVI) Details

Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company offers interactive program guides (IPGs), an interactive listing of television or video program information that enables viewers to navigate through, sort, select, and schedule video programming for viewing and recording. It markets IPGs to service providers under i-Guide and Passport brands; and CE industry under the G-GUIDE and HTML Guide brands. The company also offers xD guide, a discovery application that extends the cable video experience from set-top boxes to multiple mobile screens; and Rovi digital terminal adapter guide, which allows cable subscribers to enjoy the benefits of an IPG, even when using an analog television set. In addition, it provides advertising services; Audience Management Solution, a suite of products combining big data with predictive analytics to provide TV audience insights and advertising campaign management; and metadata pertaining to music, television, movie, book, video games, and other entertainment content, as well as catalogs information on celebrities, awards, sports, and other data. Further, it provides ACP, an analog video content security solution that protects videocassettes and DVDs to CE manufacturers, motion picture studios, and semiconductor companies that supply the CE manufacturers; and VCR Plus+, connected platform, and media recognition products. The company was formerly known as Macrovision Solutions Corporation and changed its name to Rovi Corporation in July 2009. Rovi Corporation was founded in 1983 and is headquartered in Santa Clara, California.

1,220 Employees
Last Reported Date: 02/12/14
Founded in 1983

rovi corp (ROVI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $610.0K
Chief Financial Officer
Total Annual Compensation: $442.3K
Executive Vice President, General Counsel and...
Total Annual Compensation: $323.4K
Compensation as of Fiscal Year 2013.

rovi corp (ROVI) Key Developments

Rovi Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Rovi Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $128.6 million, an increase of 4.0% compared to $123.5 million in the third quarter of 2013. GAAP operating income from continuing operations increased by 90.0%, to $20.0 million, compared to $10.5 million for the third quarter of 2013. GAAP Loss from continuing operations, net of tax, was $6.6 million, compared to $6.0 million GAAP Income from continuing operations, net of tax, for the third quarter of 2013. The third quarter of 2013 benefited from the release of $14.0 million in tax contingency reserves. GAAP Diluted loss per share from continuing operations was $0.07, compared to GAAP Diluted income per share from continuing operations of $0.06 in the third quarter of 2013. After taking into consideration discontinued operations, the company reported a third quarter GAAP net loss of $7.0 million, compared to $11.5 million GAAP net loss for the same quarter of 2013. GAAP Diluted loss per share was $0.08, compared to GAAP diluted loss per share of $0.12 in the third quarter of 2013. Non-GAAP net income was $38.6 million, compared to $33.6 million in the third quarter of 2013, and non-GAAP diluted income per share was $0.42, compared to $0.34 per share in the third quarter of 2013. The company delivered solid results during the third quarter, driven by growth in both IP Licensing and Product revenues from core Service Provider sales vertical. Loss from continuing operations before income taxes was $3,157,000 against $8,144,000 for the same period in the last year. For the nine months, the company reported revenue of $408,094,000, operating income from continuing operations of $61,397,000, income from continuing operations before income taxes of $6,012,000, net loss of $63,937,000 or $0.70 per basic and diluted share against revenue of $385,398,000, operating income from continuing operations of $43,420,000, loss from continuing operations before income taxes of $2,398,000, net loss of $111,281,000 or $1.12 per diluted share a year ago. The company provided earnings guidance for the full year of 2014. The company anticipates revenue of between $530 million and $545 million, and non-GAAP diluted income per share of $1.60 - $1.75.

Rovi Seeks Acquisitions

Rovi Corporation (NasdaqGS:ROVI) is seeking acquisitions. Tom Carson, President and Chief Executive Officer of Rovi said, “We look at acquisitions as part of the capital pool we still very much are focused on doing acquisitions that fit within the range of strategies that we've been talking about.”

CUR Media Taps Rovi to Power its Search, Discovery and Recommendations Experience

CÜR Media Inc. announced that it has signed a license agreement with Rovi Corporation. Under this agreement, Rovi will power the music search, discovery and recommendations in CÜR Media's next-generation streaming music platform that is slated for launch early next year. CÜR Media plans to integrate Rovi's intuitive music search and discovery tools, voice recognition and comprehensive library of artist photos & album art into CÜR's social music platform. The relationship between CÜR Media and Rovi is expected to provide CÜR users with high-quality music recommendations driven by powerful algorithms and rich international metadata input by analysts who understand how and why people interact with music. Additionally, Rovi intends to provide CÜR's voice recognition functionality, enabling CÜR's users to operate certain aspects of CÜR with their voice.

 

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ROVI Competitors

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Industry Analysis

ROVI

Industry Average

Valuation ROVI Industry Range
Price/Earnings 100.0x
Price/Sales 3.4x
Price/Book 1.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.9x
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