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The Boston Globe

Business

Rovi Corp. shares up despite loss

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The digital TV listings firm slid to a loss in the third quarter, as revenue fell 7 percent from a year earlier and sales to its consumer electronics customers dipped. But the company’s adjusted results beat Wall Street’s estimates, sending shares higher. Rovi reported a loss of $13.3 million, or 13 cents per share. That compares with net income of $1.8 million, or 2 cents, a year earlier.

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