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Divx Reaches Settlement With Yahoo! Ending Legal Dispute Over Toolbar Distribution Agreement

By TechAgreements

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"We are pleased to have this matter resolved," stated Dan Halvorson, Executive Vice President and Chief Financial Officer. "The litigation settlement will increase our operating income in the third quarter of 2009. As a result, we have upwardly revised our GAAP earnings guidance for the third quarter by $0.29 per diluted share, or $0.17 per diluted share net of related taxes, and now expect GAAP..

Full post as published by TechAgreements on August 19, 2009 (boomark / email).

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