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Article: Digital River Announces Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, reports its third quarter financial results. Third Quarter Ended Sept. 30, 2009 GAAP ResultsThird quarter revenue totaled $99.4 million, compared to $96.3 million during the same period in 2008. These results exceeded management's third quarter revenue guidance of $96.5 - $98.5 million.
Third quarter GAAP net income was $11.0 million, or $0.29 per diluted share. This compared to GAAP net income of $15.6 million, or $0.39 per diluted share, in the third quarter of 2008. These results were consistent with management's third quarter earnings guidance of $0.26 - $0.29 per diluted ...