TiVo Inc. (Nasdaq:TIVO) reported financial results for the second quarter ended July 31, 2011. For the second quarter, service and technology revenues were $49.6 million, compared to our guidance of $46 million to $48 million and up 18% compared to $42.1 million for the same period last year and $38.8 million in the fiscal first quarter 2012. TiVo reported a net loss of ($19.6) million, compared to guidance of a net loss of ($25) million to ($27) million and a net loss of ($15.3) million in the year ago quarter. Net loss per share this quarter on a basic share basis was ($0.17). Additionally, Adjusted EBITDA was a loss of ($9.2) million, compared to Adjusted EBITDA guidance of a loss of ($14) million to ($16) million, and to an Adjusted EBITDA loss of ($6.5) million in the same period a year ago.

TiVo Inc., together with its subsidiaries, provides technology and services for television solutions, including digital video recorders (DVRs) and connected televisions in the United States and internationally.

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Universal Display Corp. (Nasdaq:PANL) announced advances in the company's white OLED lighting technology and showcased a potential application using white OLED lighting panels. The company's recent achievements further demonstrate the readiness of all-phosphorescent white OLED panels for use in introductory energy-efficient lighting products.

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel display, solid-state lighting, and other product applications. It owns exclusive license or has the sole right to sublicense approximately 1,000 patents issued and pending worldwide.

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