Rovi falls after cutting 2026 operating revenue outlook
06/05/2026 08:44
** Shares of Rovi ROVI.MC fall 13.5% after lowering its 2026 operating revenue growth guidance ** The Spanish pharma company now expects 2026 revenue to grow at a low- to mid-single-digit rate vs previous guidance for high single-digit to low double-digit growth ** Renta4 expects a negative reaction to the guidance downgrade, which compares to its 8.6% growth forecast for Rovi's 2026 operating revenue ** Shares are the top fallers on Madrid's blue-chip IBEX 35 .IBEX and on track for their biggest daily drop since Feb 2025 (Reporting by Joao Manuel Mauricio) ((JoaoManuel.VicenteMauricio@thomsonreueters.com))