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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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Fool contributorTim Beyers is a member of theMotley Fool Rule Breakers stock-picking team. He didn’t own shares in any of the companies mentioned in this article at the time of publication. Check out Tim'sportfolio holdings andFoolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insightsdelivered directly to your RSS reader.
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