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DTS Inc. and the Business of Misleading Investors -08/28/09 at 12:19 PM CDTby Peter York

Pop open your preferred earnings web destination for comparing earnings estimates against actual results and you will find that DTS Inc. (DTSI), a company that provides digital audio technology, handily beat its expectations last quarter.  A Reuters article immediately declared, “DTS posts higher Q2 profit, ups FY 2009 outlook.” What Reut...

DTSI

DTS Inc. Provides GAAP Numbers Only, Masks Full Year Guidance Miss -08/10/09 at 5:07 PM CDTby Peter York

Earlier today, I wrote that investors in DTS Inc (DTSI). would likely be happy to learn about a note in Zoran Corporation's 10-Q filing stating that they incurred an 11 million expense "in connection with settlement of various intellectual property disputes."  I also noted that that in looking through many Zoran reports, I could not find any other i...

DTSI

DTS Inc. Will Report 11 Million Dollar Settlement Gain, According to ... -08/10/09 at 9:07 AM CDTby Peter York

DTS Inc. (DTSI) investors may be pleased to learn later today that a settlement between Zoran Corporation and DTS resulted in an 11 million dollar gain for DTS. Buried in Zoran Corp's SEC Form 10-Q filing from August 5th is the following statement: "During the quarter ended June 30, 2009, the Company incurred one-time costs of $11.0 million in connectio...

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