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Macrovision Q4 Revs Top Street; Repeats ‘09 View

 Feb 10, 2009 05:41 PM UTC
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MVSN n/a

Graphic_arrow1 Via BARRONS.com: Tech Trader Daily - Barron's Online:  

Macrovision Solutions (MVSN) this afternoon reported Q4 revenues of $118.2 million, ahead of the Street consensus of $111.1 million. The company posted a GAAP loss for the quarter of $209.9 million, or $2.06 a share; that includes a loss from discontinued operations of $219.1 million. EPS from continuing operations were 9 cents a share. The Street had been expecting profits of 21 cents a share. (But I caution that it is a little hard to get an apples-to-apples number, given the company’s complicated presentation concerning its acquisition of Gemstar and its deals to sell TV Guide Network, TVG Network and TV Guide Online.)


For 2009, the company repeated its previous forecast for revenue of $435 million to $475 million and adjusted pro forma EPS of $1.15 to $1.45.


After hours, MVSN is unchanged at $13.34.





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