Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of DTS
So what: Revenue rose 18% to $20.6 million, resulting in an adjusted profit of $0.24 a share. Analysts had been calling for $21.8 million and $0.25 a share, respectively.
Now what: Guidance may have spooked investors most. Management now expects the company, whose audio-encoding technology competes with similar tech from Dolby
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