-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D6pRP7n/yUqUt/sI4MFa73H181KNGXji4KZrL0hpH61G+bGwZ3VaF5ntj5Fia+iL bN70uXKzpPB6+8IOLSEpCw== 0001104659-07-027115.txt : 20070409 0001104659-07-027115.hdr.sgml : 20070409 20070409162657 ACCESSION NUMBER: 0001104659-07-027115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20070409 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070409 DATE AS OF CHANGE: 20070409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIVX INC CENTRAL INDEX KEY: 0001342960 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33029 FILM NUMBER: 07756583 BUSINESS ADDRESS: STREET 1: 4780 EASTGATE MALL CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-882-0633 MAIL ADDRESS: STREET 1: 4780 EASTGATE MALL CITY: SAN DIEGO STATE: CA ZIP: 92121 8-K 1 a07-10247_18k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


Form 8-K

Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 9, 2007


 

DivX, Inc.
(Exact name of registrant as specified in its charter)

Delaware

001-33029

33-0921758

(State or other jurisdiction of
incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

 

 

 

4780 Eastgate Mall
San Diego, California

 


92121

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (858) 882-0600

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

        o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

        o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

        o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

        o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 




Item 2.02               Results of Operations and Financial Condition.

On April 9, 2007, the Company announced preliminary unaudited financial results for the quarter ended March 31, 2007.  A copy of the press release is included herewith as Exhibit 99.1.

Item 9.01               Financial Statements and Exhibits.

(d)           Exhibits.

99.1         Press release of DivX, Inc. dated April 9, 2007.

1




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

DIVX, INC.

 

 

 

 

Dated:  April 9, 2007

By:

/s/ David J. Richter

 

Name: David J. Richter

 

Title: General Counsel

 

2




INDEX TO EXHIBITS

Number

 

Description

 

 

 

99.1

 

Press release of DivX, Inc. dated April 9, 2007.

 



EX-99.1 2 a07-10247_1ex99d1.htm EX-99.1

Exhibit 99.1

GRAPHIC

 

DivX, Inc. Announces Preliminary Results for First Quarter of 2007

San Diego, CA — April 9, 2007 — DivX, Inc. (NASDAQ: DIVX) today announced that, based on preliminary information, it currently expects that revenue and pre-tax earnings for the quarter ended March 31, 2007 will be higher than previous guidance.  The Company expects that revenue for the quarter will be between $19.8 million and $20.2 million and pre-tax earnings will be flat to up compared with the fourth quarter of 2006.  On February 8, 2007, the Company had said that it expected first quarter revenue to be between $17.3 million and $19.3 million with pre-tax earnings flat to slightly down compared to the fourth quarter of 2006.  The Company plans to report complete quarterly results after the market closes on May 1, 2007.

Jordan Greenhall, co-founder and CEO of DivX, Inc, said, “Through the first quarter of 2007, we saw continuing evidence that consumers are choosing DivX to enrich their media experience.  DivX is working with our partners and our global community to build a common media language that lets consumers truly make their digital content useful across an open ecosystem of consumer electronic devices.”

About DivX, Inc.

DivX creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 200 million times in the last four years, including over 60 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application, which is distributed from our website, www.divx.com. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.




Forward-Looking Statements

Statements in this press release that are not strictly historical in nature constitute “forward-looking statements.” Such statements include, but are not limited to, statements regarding DivX’s expected revenue and pre-tax earnings for the quarter ended March 31, 2007. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX’s actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, the risk that revenue and/or pre-tax earnings for the quarter ended March 31, 2007 may not reach anticipated levels; the risk that customer use of DivX technology may not grow as anticipated; the risk that anticipated market opportunities may not materialize at expected levels, or at all; the risk that the Company’s activities may not result in the growth of profitable revenue; risks and uncertainties related to the maintenance and strength of the DivX brand; DivX’s ability to penetrate existing and new markets; the effects of competition; DivX’s dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the “Risk Factors” section of DivX’s quarterly report on Form 10-Q filed with the SEC on November 13, 2006. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.

Investor Relations:

The Blueshirt Group

Todd Friedman or Stacie Bosinoff

415.217.7722

todd@blueshirtgroup.com

stacie@blueshirtgroup.com

 

Media Contact:

Tom Huntington

DivX, Inc.

858.882.0672

thuntington@divxcorp.com

 



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