February 7th, 2005
More Tivo Drama
From a purely financial perspective, it’s premature to write an actual obituary for the company. In the most recent quarter, the company still had $88.5 million in cash on hand, with $7.3 million in debt.
But on Friday, the company acknowledged that its most recent quarter — one that saw a major ad campaign aimed at boosting its subscriber numbers during the holiday season — didn’t exactly set the world on fire.