Content security company Macrovision (MVSN) was down 14.2% in midmorning despite posting second-quarter earnings late Monday of 20 cents a share, beating analysts' estimates by 2 cents and up from 16 cents in the year-earlier period. Net earnings fell to 10 cents from 13 cents a year ago. Revenue was $25.8 million, up 38% from the year-ago period.
Macrovision also reaffirmed revenue estimates of $105 million to $110 million for the year, with estimated pro forma earnings of 80 cents share. For 2001, analysts are expecting 83 cents a share, according to Thomson Financial/First Call.