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Rovi narrows losses

Rovi saw its loss narrow to $15.47 million for the quarter ended March 31st. In the previous year period, the company reported a loss of $54.26 million.

Revenue during the quarter dropped 5.91 per cent to $134.02 million from $142.45 million in the previous year period for the digital TV listings company.

Rovi said it expects full-year revenue in the range of $535 million to $565 million.

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