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10.30.2006 - DivX, Inc. Reports Third Quarter 2006 Financial Results

View DivX related news. SAN DIEGO, October 30, 2006- DivX, Inc. (NASDAQ: DIVX) today announced results for the third quarter ended September 30, 2006. In the third quarter of 2006, consolidated revenue was $15.4 million, an increase of 83 percent from the third quarter of 2005. Net income in the third quarter of 2006 was $3.1 million, or $0.10 per diluted share, compared to net income of $763,000, or $0.02 per diluted share, in the third quarter of 2005. Stock-based compensation charges for the third quarter totaled $526,000 compared to $58,000 for the same quarter a year ago.

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NID: 13113 / Submitted by: Sarrgon
Categories: File Editors and Viewers, Press Release, Video Applications
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