UPDATE 1-Macrovision Q2 profit soars, lowers 2008 revenue view

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Aug 7 (Reuters) - Macrovision Solutions Corp (MVSN.O: Quote, Profile, Research, Stock Buzz) posted a significant rise in second-quarter profit, boosted by its recent acquisition of Gemstar-TV Guide and a gain from certain businesses that it divested, and the software maker lowered its full year revenue outlook.

For the second quarter ended June 30, the company earned $85.9 million, or $1 a share, compared with $2.5 million, or 5 cents a share, a year earlier.

The company reported loss from continuing operations of 10 cents a share for the quarter.

Revenue jumped to $103.6 million from $23.4 million last year, the company said in a statement.

In February, the company said it was selling its software and games businesses.

The company said latest quarter includes results of Gemstar-TV Guide International Inc, a provider of television programming guides, from May 2, the day it completed the acquisition.

On an adjusted pro-forma basis, second-quarter revenue rose to $148.6 million from $133.9 million in the year-ago period.

Adjusted pro-forma results assume that Gemstar acquisition was completed on January 1, 2007, and exclude recently sold businesses and discontinued operations, the company said.  Continued...