Seeking Alpha

Rovi (ROVI +8.9%) continued its recent rally after posting Q2 results, which were in-line with...

Rovi (ROVI +8.9%) continued its recent rally after posting Q2 results, which were in-line with the guidance it provided in a July 17 warning. Possibly helping is a mildly bullish note from Pac Crest, which speculates Rovi could reach $20 if  its legal battles conclude favorably. The company tried to strike a positive tone about those battles during its earnings call, and its ability to improve slumping margins. Rovi also guided for 2013 revenue growth of 5%-10%, largely below a 9.2% consensus.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector