Sonic Solutions (Sonic) is a developer of products and services that enable the creation, management and enjoyment of digital media content across a variety of technology platforms. The Company’s products and services offers technologies to consumers, original equipment manufacturers (OEMs), enterprises, high-end professional digital versatile disc (DVD) authoring experts and developers. The Company distributes its products and services through retailers and distributors, personal computer (PC) and consumer electronics (CE) OEMs, Internet Websites, including www.roxio.com and other channels. The Company operates in two segments: Roxio Consumer Products and Premium Content. During the fiscal year ended March 31, 2009 (fiscal 2009), the Company acquired the assets of Simple Star, Inc., a software products and online service provider based in San Francisco, California.
Quick Financial Synopsis
BRIEF: For the three months ended 30 June 2009, Sonic Solutions's revenues decreased 15% to $25.5M. Net loss decreased 50% to $1.8M. Revenues reflect decreased income from Advanced Technology Group & Professional products segment. Lower loss was offset by a decrease in marketing & sales expenses, lower research & development expense, a fall in general & administrative expenses and a decrease in restructuring expense.
Company Address
Sonic Solutions
101 Rowland Way Suite 110 Novato CA 94945
P: +1415.8938000 F: +1415.8938008