DTS, Inc. (DTSI) Tops Q1 EPS by 5c; Updates FY16 EPS Outlook
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DTS Reports First Quarter Fiscal 2016 Financial Results
May 9, 2016 4:06 PM EDTCALABASAS, Calif., May 09, 2016 (GLOBE NEWSWIRE) -- DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio solutions and audio enhancement technologies, today announced financial results for the first quarter ended March 31, 2016.
We are pleased with our first quarter performance, driven by further penetration in mobile and automotive, as well as slightly higher than expected royalty recoveries, said Jon Kirchner, chairman and CEO, DTS, Inc. These results set us up nicely to meet our expectations for 2016. Importantly, with the acquisition and integration of HD Radio complete, and our first full quarter together... More
