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Sales up, profit down for Roxio

Software maker Roxio reported lower earnings but higher sales Wednesday for its third fiscal quarter ended Dec. 31. Earnings for the quarter totaled $600,000, or 4 cents a share, compared with $1.2 million, or 7 cents a share, for the same period a year ago. Revenue was tallied at $36.2 million, compared with $27.5 million a year ago. Roxio's main products are CD- and DVD-burning tools for Windows and Mac PCs. CEO Chris Gorog in a statement credited the release of Microsoft's Windows XP operating system and Roxio's new partnership with the Pressplay digital music service with pushing demand for those products.

Software maker Roxio reported lower earnings but higher sales Wednesday for its third fiscal quarter ended Dec. 31. Earnings for the quarter totaled $600,000, or 4 cents a share, compared with $1.2 million, or 7 cents a share, for the same period a year ago. Revenue was tallied at $36.2 million, compared with $27.5 million a year ago.

Roxio's main products are CD- and DVD-burning tools for Windows and Mac PCs. CEO Chris Gorog in a statement credited the release of Microsoft's Windows XP operating system and Roxio's new partnership with the Pressplay digital music service with pushing demand for those products.