DTS (DTSI) Releases Quarterly Earnings Results
DTS (NASDAQ:DTSI) announced its earnings results on Monday. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01, AmericanBankingNews.com reports. The company had revenue of $36.80 million for the quarter, compared to the consensus estimate of $35.59 million.
Shares of DTS (NASDAQ:DTSI) traded up 1.42% on Monday, hitting $17.83. 122,495 shares of the company’s stock traded hands. DTS has a one year low of $17.40 and a one year high of $24.65. The stock’s 50-day moving average is $19.14 and its 200-day moving average is $20.83. The company has a market cap of $302.6 million and a P/E ratio of 20.44.
DTS, Inc is a provider of audio technologies that are incorporated into a range of consumer electronics devices by hundreds of licensee customers worldwide.
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