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Sonic Announces Third Quarter 2010 Financial Results

 
Novato, California (February 4, 2010) - Sonic Solutions® (NASDAQ: SNIC) today announced financial results for the third quarter of its 2010 fiscal year. For the three months ended December 31, 2009, net revenue was $26.4 million, operating expenses were $18.9 million, and the net loss was $0.3 million, or $(0.01) per share, all in accordance with generally accepted accounting principles ("GAAP"). For the nine months ended December 31, 2009, net revenue was $78.0 million, operating expenses were $55.5 million, and the net loss was $2.4 million, or $(0.09) per share, also on a GAAP basis.

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SonicSolutions
Posted: February 4, 2010 |  By: Wissen Schwamm
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