Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 12 March 2008 05:40

DivX misses Q1 forecast

Written by David Stellmack
Image

Analysts express disappointment


U.S. video compression software manufacturer, DivX, Inc., reported a drop of 50 percent in its profit after factoring in higher expenses than anticipated and forecast that its earnings for Q1 will be below that anticipated.

This sent DivX’s stock down about 25 percent. DivX reported that its revenue increased 47 percent to $24.5 million and reported net income of $3.7 million, compared to $7.4 million for the same period one year ago.

San Diego, California-based DivX said that its operating expenses were $25.8 million, nearly double that anticipated, due to increased expenses in general and administrative overhead and sales costs.

Last modified on Wednesday, 12 March 2008 08:39

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments