* Q4 EPS $0.27 vs est $0.24
* Q4 rev $21.2 mln vs est $20.2 mln
* Sees 2010 revenue above Street view
Feb 22 Entertainment technology firm DTS Inc
DTSI.O posted fourth-quarter results that were higher than
analysts' estimates due to growth in the gaming consoles and
stand-alone players' space, and forecast 2010 revenue above
Significant declines in price points, broader content and
hardware availability, and expanding retail industry support
drove growth in the gaming consoles and stand-alone player
space in 2009, DTS said.
For the fourth quarter, it earned $4.8 million, or 27 cents
a share, compared with $3 million, or 17 cents a share, a year
Revenue rose 16 percent to $21.2 million.
Analysts were expecting DTS to earn 24 cents a share on
revenue of $20.2 million, according to Thomson Reuters I/B/E/S.
DTS, which also licenses its technologies to Blu-ray
devices, said it saw Blu-ray "firmly establish itself as the
next major physical media format for home entertainment" in
"The growing consumer interest in Blu-ray as a connected
home device is setting the stage for an expanded DTS footprint
in the online market, across a range of devices including TVs,
digital media players, and set-top boxes," Chief Executive Jon
For 2010, DTS expects a profit of 73 cents to 78 cents a
share, the top end of which is in line with market
For the full year, it forecast revenue of $80 million to
$83 million, beating Wall Street estimates of $79.6 million.
DTS shares were up 27 cents at $27.50 in trading after the
bell. They closed at $27.23 Monday on Nasdaq.
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(Reporting by Deepti Govind in Bangalore; Editing by Maju