* Q4 adj proforma EPS $0.50 vs est $0.45
* Revenue up 17 pct at $138 mln, beats est
Feb 11 (Reuters) - Digital entertainment technology firm Rovi Corp posted better-than-expected quarterly results, helped by double-digit growth in all its primary vertical markets.
For the fourth quarter, the company posted a profit of $2.6 million, or 2 cents a share, compared with a loss of $211.2 million, or $2.07 a share, a year ago.
The company's results last year included a loss of $219.1 million related to discontinued operations.
Rovi, which provides entertainment data, content protection and content networking technology, posted adjusted proforma earnings of 50 cents a share.
Revenue at the company, whose customers include Dell Inc , Motorola, Verizon Communications and Best Buy Co Inc, rose 17 percent to $138.0 million.
Analysts on average were expecting 45 cents a share, before items, on revenue of $132.3 million, according to Thomson Reuters I/B/E/S.
The company serves customers in the consumer electronics, cable and satellite, entertainment and online distribution markets.
Shares of the company closed at $28.30 Thursday on Nasdaq.
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(Reporting by Manasi Phadke in Bangalore; Editing by Anne Pallivathuckal) Keywords: ROVICORP/ (manasi.phadke@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: manasi.milindphadke.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Revenue up 17 pct at $138 mln, beats est
Feb 11 (Reuters) - Digital entertainment technology firm Rovi Corp posted better-than-expected quarterly results, helped by double-digit growth in all its primary vertical markets.
For the fourth quarter, the company posted a profit of $2.6 million, or 2 cents a share, compared with a loss of $211.2 million, or $2.07 a share, a year ago.
The company's results last year included a loss of $219.1 million related to discontinued operations.
Rovi, which provides entertainment data, content protection and content networking technology, posted adjusted proforma earnings of 50 cents a share.
Revenue at the company, whose customers include Dell Inc , Motorola, Verizon Communications and Best Buy Co Inc, rose 17 percent to $138.0 million.
Analysts on average were expecting 45 cents a share, before items, on revenue of $132.3 million, according to Thomson Reuters I/B/E/S.
The company serves customers in the consumer electronics, cable and satellite, entertainment and online distribution markets.
Shares of the company closed at $28.30 Thursday on Nasdaq.
For related alerts, click
(Reporting by Manasi Phadke in Bangalore; Editing by Anne Pallivathuckal) Keywords: ROVICORP/ (manasi.phadke@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: manasi.milindphadke.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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