Rovi Posts Q4 Loss - Quick Facts

(RTTNews) - Rovi Corporation (ROVI) Wednesday reported fourth-quarter loss of $60.8 million or $0.62 per share, compared to a profit of $2.1 million or $0.02 per share in the same period last year.

Adjusted pro-forma income for the quarter was $54.9 million or $0.56 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.55 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 14.9 percent to $152.4 million from $132.6 million kast year. Analysts expected revenues of $150.40 million.

Looking ahead, Rovi currently projects adjusted earnings in the range of $1.55 to $1.85 per share, with revenues ranging between $510 million and $550 million. Analysts currently expect the company to report full-year earnings of $1.73 per share on revenues of $532.63 million.