Earnings: Gemstar-TV Guide Q4 Revs Up 7 Percent; Media Networks Slips


Gemstar-TV Guide, currently in the process of selling itself to Macrovision (NSDQ: MVSN), announced Q4 revenue of $155.8 million, up 7 percent year-over-year from $145 million. But the company booked a slight $1.5 million ($.00 per share) loss, down from a profit of $31.8 million ($.07 per share), due to one-time gains and higher costs associated with a promotion campaign. The main driver of growth was the Guidance Technology and Solutions business, which grew 29 percent to $71.2 million. The media networks side decreases slightly to $51.6 million from $51.7 million.

— For the full year, the media networks business grew revenue 1 percent, with the online component up 29 percent, suggesting very weak results in the traditional side of this business. In Q4, online was up 33 percent.

Updated: From company’s 10-K filed with SEC today: Online Networks ad revenues for 2007 increased by $2.8 million, or 27.3 percent , for a total of $12.9 million…TVGuide.com

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