11.313.2004 - Sonic Solutions Reports Results for Second Quarter Ended September 30, 2004
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Novato, California (November 8, 2004) - Sonic Solutions (NASDAQ: SNIC) announced today the financial results for the Company’s second quarter ended September 30, 2004. Net revenue for the quarter was $17,437,000 compared to $12,695,000 for the same period in the prior fiscal year. Net income for the quarter was $3,575,000 or $0.14 per diluted share compared to net income of $1,898,000 or $0.08 per diluted share for the same period in the prior fiscal year. Net revenue for the six months was $35,346,000 compared to $24,717,000 for the same period in the prior fiscal year. Net income for the six months was $7,562,000 or $0.29 per diluted share compared to net income of $3,540,000 or $0.16 per diluted share for the same period in the prior fiscal year.
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