Macrovision

(MVSN)

said earnings rose in the first quarter as its DVD copy protection technology caught on and its customer base for enterprise software grew.

The Santa Clara, Calif., company earned $6.9 million, or 14 cents a share, on sales of $28.1 million in the latest period, compared with earnings of $3.0 million, or 6 cents a share, on sales of $23.7 million, last year. Pro forma to exclude amortization and noncash compensation expenses, the company earned $8.2 million, or 17 cents a share, in the latest quarter, slightly better than analysts were forecasting.

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Looking ahead, the company baked second quarter revenue guidance of $26 million to $28 million, and pro forma EPS guidance of 15 cents or 16 cents. For all of 2003, the company expects revenue of $107 million to $112 million, and pro forma EPS of 74 cents to 76 cents.

The shares closed Monday at $16.23, up 26 cents.