Tuesday, September 6, 2011

InterVideo revenues up 65 percent, sues Dell - Silicon Valley / San Jose Business Journal:

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InterVideo reported Q2 revenueof $27.6 million, versus $16.7y million last year. It reporte a net loss of $4.1 or 30 cents per diluted share, afteer including a one-time charge of $4.8 milliomn for in-process research and development. This compared to net incoms of $1.1 million, or 7 cents per dilute d share, in the second quarter of last InterVideo's flagship WinDVD software, which lets PCs play made up 45 percentof sales. That compares to last year, when WinDV made up 63 percentof sales.
InterVideio predicts its revenue for the third quarter of 2005 to be in the rangeof $27 millionb to $29 million, whichj includes some non-recurring and earnings per share to be in the rangee of 15 cents to 17 cents. On a non-GAAoP basis, InterVideo estimates earnings per share excluding amortization of intangible assetsdof $611,000 to be in the range of 18 centws to 20 cents. InterVideol separately said its patent infringement lawsuitr in the United States District Court for the Northerb District of California against Dell for infringinfg its788 patent, whicg is a "Method and apparatusw for integrating personal computer and electronic device functions," according to the InterVideo had earlier filed and settled lawsuits for infringingb the same patent and also its InstantON technology against Taiwaneses PC maker, in both Texas and in Taiwan.

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