Earnings: Macrovision Q1 Profit Drops

Macrovision, the DRM company, reported lower Q1 profits, due to a number of extraordinary items, and issued a tepid outlook for Q2.

Net income fell to $5.5 million, from $10.8 million a year ago. Revenue increased to $51.3 million from $38 million.

The company said it increased the customer base for both its new Hawkeye P2P anti-piracy service and the RipGuard DVD anti-ripping product.

Full release here

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