DTS Posts Q4 Profit - Quick Facts

(RTTNews) - DTS Inc. (DTSI) Monday reported fourth-quarter profit of $17.3 million or $0.96 per share, compared to a loss of $102 thousand or $0.01 per share in the same period last year.

Adjusted earnings for the quarter were $8.3 million or $0.46 per share. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $37.1 million from $29.8 million last year. Analysts expected revenues of $41.62 million.

Looking ahead to the fiscal 2014, the company has forecast earnings in the range of $0.38 to $0.48 per share, with adjusted earnings in the order of $1.20 to $1.40 per share.

Revenues are projected in a range of $132 million to $138 million. Analysts currently expect the company to report full-year 2014 earnings of $1.21 per share on revenues of $142.81 million.