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04.09.2007 - DivX, Inc. Announces Preliminary Results for First Quarter of 2007

View DivX related news. San Diego, CA -- April 9, 2007 -- DivX, Inc. (NASDAQ: DIVX) today announced that, based on preliminary information, it currently expects that revenue and pre-tax earnings for the quarter ended March 31, 2007 will be higher than previous guidance. The Company expects that revenue for the quarter will be between $19.8 million and $20.2 million and pre-tax earnings will be flat to up compared with the fourth quarter of 2006. On February 8, 2007, the Company had said that it expected first quarter revenue to be between $17.3 million and $19.3 million with pre-tax earnings flat to slightly down compared to the fourth quarter of 2006. The Company plans to report complete quarterly results after the market closes on May 1, 2007.

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NID: 15573 / Submitted by: TACKtech Team
Categories: File Editors and Viewers, Press Release, Video Applications
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