DTS, Inc. (DTSI) Tops Q2 EPS by 18c; Boosts FY16 Outlook

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DTS Reports Second Quarter Fiscal 2016 Financial Results

August 8, 2016 4:05 PM EDT

CALABASAS, Calif., Aug. 8, 2016 /PRNewswire/ -- DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio solutions and audio enhancement technologies, today announced financial results for the second quarter ended June 30, 2016.

"We had a strong second quarter driven by solid performance in automotive and continued momentum across the mobile markets. We also renewed several contracts in the home category and saw additional penetration of DTS:X in the AVR market. As a result of this strong performance, we are raising the low end of our full year 2016 revenue outlook and... More