11.09.2010 - Sonic Reports Second Quarter 2011 Financial Results
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Novato, California (November 9, 2010) - Sonic Solutions® (NASDAQ:SNIC) today reported financial results for its second quarter of fiscal year 2011 ended September 30, 2010.
"Our second quarter results were in-line with our expectations and reflect the strength of our value proposition to our customers," said Dave Habiger, president and CEO of Sonic. "Internet video delivery is transforming the entertainment experience and disrupting traditional physical and broadcast based distribution models. With the combined technology portfolio of Sonic and DivX, we are uniquely positioned to facilitate, and profit from, this shift in entertainment distribution and consumption."
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