Macrovision 2nd-quarter profit rises, guides lower

30 Jul 02 14:30 by in category Uncategorized



Macrovision reported a larger net profit for the second quarter yesterday. The company who makes copy protections for VHS tapes, CDs (SafeDisc, SafeAudio) and DVDs is however concerned about continued uncertainties in the economy.



The company’s revised estimates are below analysts projections, according to Thomson First Call. In a survey, analysts said they were expecting the company to earn 21 cents a share in the third quarter and 84 cents a share in 2002.

The estimates compare with earnings of 20 cents a share in the third quarter of 2001, and earnings of 82 cents a share for 2001.

The company said it continues to see strength in its DVD business and rising revenue at its Globetrotter Software unit. However, given difficult economic conditions, it remains “concerned” and prefers to remain “cautious” in its outlook.

Source: Yahoo.com

5 Comments on Macrovision 2nd-quarter profit rises, guides lower

Travis
Posts: 42
Posted on: 30 Jul 02 16:33
So if Macrovision goes out of buisness will DVDs be legally copyable :P Just a dream
guest
Posts: 15284
Posted on: 30 Jul 02 17:15
I love to see Macrovision fail. They have a right to stay in business as well as people have a right to bypass their copy protections. But I still would like to see them go out of business so copying things will be easier.
Sherrif
Posts: 851
Posted on: 30 Jul 02 17:29
Lets keep the maths simple so even CEO's can understand... There are more people buying media than work at macrovision..when these people get pissed off enough and don't buy the media, macrovision won't have to worry about profits..there won't be any......:7
eBwoy
Posts: 91
Posted on: 30 Jul 02 18:41
I'm so glad for their healthy profits, and - ahhh - bless 'em, their having to be cautious at the moment, wot a shame. I do hope things get better for them - c'mon letz have a whip round ! :4
guest
Posts: 15284
Posted on: 31 Jul 02 03:31
I hope they do stay in business! I mean all their protections have already been beaten, so there's no new surprises. All we need is a new standard to protect DVDs and all hell will break loose... for a little while anyways until it is figured out.
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Macrovision 2nd-quarter profit rises, guides lower

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