DTS, Inc. (DTSI) Tops Q4 EPS by 9c, FY16 EPS Guidance Tops Estimates

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DTS Reports Fourth Quarter and Fiscal 2015 Financial Results

March 2, 2016 4:05 PM EST

CALABASAS, Calif., March 02, 2016 (GLOBE NEWSWIRE) -- DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio solutions and audio enhancement technologies, today announced financial results for the fourth quarter and fiscal year ended December 31, 2015.

Our fourth quarter results were solid, driven by higher than anticipated revenue contributions from iBiquity and strong game console production, said Jon Kirchner, chairman and CEO, DTS, Inc. Although 2015 was a challenging year, we maintained our focus on the network-connected markets where we materially advanced the development of ecosystems for our mobile and wireless audio solutions. Last week at Mobile World... More