TiVo One Platform Growth
Achieved 30% sequential growth in the TiVo One CTV advertising platform, reaching 4.8 million monthly active users.
Connected Car Expansion
Platform footprint reached over 13 million vehicles installed with AutoStage at quarter end, with significant collaborations initiated for monetization.
IPTV Subscriber Growth
Video over broadband subscriber count grew 32% year-over-year to 3.2 million subscriber households.
Cost Reduction and Profitability
Non-GAAP adjusted operating expenses decreased approximately 20% compared to the prior year, with a workforce reduction expected to save $30-35 million annually.
Partnerships and Renewals
Renewed agreements with key partners such as Vestel and NCTC, and expanded IMAX Enhanced program with Sony Pictures.