The News Review:
- New products give Blu-ray a boost
- DivX 4Q profit drops 31 percent
- DivX Announces Appointment of New Board Member
- DivX for Windows 7.1.0
- DivX Inc. Q4 2008 Earnings Call Transcript
- DivX Inc. Reports Fourth Quarter and Year End 2008 Financial Results
New products give Blu-ray a boost
HDTV rg
The BD-P4600′s beauty is more than skin deep however. This is a profile 2. 0 blu-ray player which supports JPEG and DiVX playback. There is also an optional USB dongle to provide Wi-Fi connectivity. LG's BD370 Blu-ray player can access video-on-demand via YouTube and stream movies directly from the internet (currently via 'Netflix' in the US only).
DivX 4Q profit drops 31 percent
Forbes
on Monday said its fourth-quarter profit fell 31 percent due to weaker sales as consumers cut back amid the recession. Net income declined to $2. 6 million or 8 cents per share from $3. 7 million or 11 cents per share a year ago. Stripping out share-based compensation expenses amortization of purchased intangible assets and asset impairment charges DivX (nasdaq:.
DivX Announces Appointment of New Board Member
PR Newswire (press release)
“Alex’s global entrepreneurial experience coupled with his background as a publisher of one of the leading technology publications will provide valuable perspectives to our already diverse Board. His current board appointments on numerous international public and private companies bring a unique combination of business and technical knowledge and skills to our organization. “Alex’s strengths as a high-tech journalist entrepreneur professor and advisor bring a wealth of knowledge and leadership to our Board” said Chris McGurk Chief Executive fficer for verture Films and chairman of the Board’s Nominating and Corporate Governance Committee. “We look forward to working with Alex as our Board continues to shape the direction of DivX while supporting its ongoing efforts to bring high-quality digital media to consumers.
DivX for Windows 7.1.0
BetaNews
mkv) videos with AAC audio and videos created using all previous versions of DivX technology. You can also play your DivX files (.
DivX Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
Halvorson – Chief Financial fficer & Executive Vice PresidentAnalystsJohn Bright ? Avondale PartnersPaul Coster ? J. Morgan Robert Stone ? Cowen & CompanyJames Goss ? Barrington ResearchJustin Cable ? Global Hunter SecuritiesPresentationperatorWelcome to the DivX fourth quarter and fiscal year 2008 operational and financial results conference call. Today?s conference is being recorded. At this time for opening remarks and introductions I would like to turn the conference over to Miss Karen Fisher. KarenI am Karen Fisher Vice President for Investor Relations and Compliance and with me on the call today is Kevin Hell our Chief Executive fficer and Dan Halvorson our Executive Vice President and Chief Financial fficer. Before we get started I would like to read a brief Safe Harbor statement and then turn the call over to Kevin Hell.
DivX Inc. Reports Fourth Quarter and Year End 2008 Financial Results
PR Newswire (press release)
57 a year earlier$29. 0 million non-GAAP operating income for full year 2008$19. 7 million non-GAAP net income for full year 2008EBITDA margins at 34% for full year 2008″Despite a slowing economy DivX continued to deliver positive business results in Q4 as well as for the full year 2008″ stated Kevin Hell Chief Executive fficer of DivX. “In addition we simultaneously developed the products and markets that we believe will enable future growth including new device categories such as mobile and digital televisions and an entirely new high definition H. 264 hardware and software offering. The economic headwinds will likely continue in 2009. However we feel given our strong strategic assets and financial condition we are uniquely positioned to deliver on the full promise of digital media where consumers have the freedom to enjoy high-quality digital content from any service on any device from any brand.
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