DivX (DIVX) Skyrocketing; Will It Double?
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DivX (Nasdaq: DIVX) skyrocketing; will It double? DivX's 52-week is $31.89 and it is currently trading at $15.46 up 28% today.
Divx reported better Q4 earnings than expected and forecasted a better full year outlook.
DivX's technology licensing revenue grew to $17.1 million from $12.4 million in the same quarter last year, while its media and other distribution and services sales grew to $4.8 million from $2.9 million.
DivX designs, develops and services media technologies.
Divx reported better Q4 earnings than expected and forecasted a better full year outlook.
DivX's technology licensing revenue grew to $17.1 million from $12.4 million in the same quarter last year, while its media and other distribution and services sales grew to $4.8 million from $2.9 million.
DivX designs, develops and services media technologies.
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