DTS, Inc. (DTSI) Misses Q3 EPS by 11c; Trims FY15 Outlook
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DTS Reports Third Quarter 2015 Financial Results
November 9, 2015 4:07 PM ESTCALABASAS, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio solutions and audio enhancement technologies, today announced financial results for the third quarter ended September 30, 2015.
"Q3 was a challenging quarter, impacted by softening market conditions and slower than expected releases of certain partner products. Despite these short term headwinds, we are making solid progress in strengthening multiple DTS ecosystems across mobile, wireless audio, cinema and auto," said Jon Kirchner, chairman and CEO of DTS, Inc. "While we are disappointed with our financial performance, we are taking steps to... More
