Macrovision Posts Strong Quarterly Profit

DRM tech company Macrovision had a 22 percent rise in revenue for Q2, which helped drive profits sharply higher from a year earlier.

It reported a net profit of $8.8 million, compared with a year-earlier profit of $4.6 million. Revenue rose to $35.7 million from $29.2 million a year earlier.

The company benefited from “continued strong performance in our DVD and pay-per-view copy protection business and our enterprise software value management business,” CFO Ian Halifax said in a statement.

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