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TiVo underperforms in Q3, CommScope not much better

TiVo and CommScope are looking strangely similar. Both are huge companies with increasingly marginalized Customer Premises Equipment (CPE) product ranges. And now both have published dismal quarterly results which inspire little faith in their futures. As TiVo prepares to split into two, we would hope that its two segments – Product and Intellectual Property (IP) – would be on the road to becoming self-sufficient. Yet this quarter shows that amid overall net losses, the Product segment’s net revenues are down – despite recent launches – and the company’s lucrative IP portfolio is facing valuation troubles. Similarly, CommScope suffered a huge net loss as most of its segments saw declining sales. It seems that the set top business of new subsidiary…

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