NEW YORK ( TheStreet) -- Coinstar ( CSTR), the maker of Redbox DVD kiosks, continues to plunge after it said last night that second-quarter revenue significantly missed expectations. But behind what was a messy second-quarter report for Coinstar, lies solid results and upped full-year guidance. During the quarter, Coinstar earned $13.4 million, or 42 cents a share, compared with $7 million, or 23 cents in the year-ago period. Analysts were calling for a profit of 33 cents. Coinstar revenue surged 34% to $342.3 million from $253.8 million; analysts were predicting revenue of $381.5 million. Coinstar DVD revenue surged 43.9% to $271.9 million. Still, Wedbush analyst Michael Pachter said Redbox revenue and margin were soft and will most likely disappoint, as accelerated brick-and-mortar store closures by Movie Gallery and Blockbuster and new studio agreements did not results in the big benefit expected. Missing from the report was earnings from Coinstar's e-payment and money transfer businesses, which are now considered discontinued operations. Adjusted for this, revenue actually came in at $366.6 million. Coinstar also announced that it will begin offering Blu-ray DVDs for $1.50 a night in the fall. It has also previously been reported that Coinstar is looking into creating a streaming service. Looking ahead, the company expects full-year earnings in the range of $1.88 and $2 a share, with revenue between $1.43 billion and $1.51. For the third-quarter Coinstar is looking for a profit of 46 cent to 52 cents a share, on revenue of $370 million to $390 million. Coinstar shares are tanking 9.2% to $43.68 in afternoon trading. -- Reported by Jeanine Poggi in New York. Follow TheStreet.com on Twitter and become a fan on Facebook.