Digital River, Inc. (DRIV) Tops Q2 EPS by 2c; Guides Q3, FY12 Below; Approves New $100M Buyback

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Digital River, Inc. (NASDAQ: DRIV) reported Q2 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $90.8 million versus the consensus estimate of $93.37 million.

Digital River’s board of directors has authorized a new share repurchase program of up to $100 million of its outstanding common shares.

Digital River, Inc. sees Q3 2012 EPS of $0.12-$0.18, versus the consensus of $0.26. Digital River, Inc. sees Q3 2012 revenue of $88-$91 million, versus the consensus of $97.1 million.

Digital River, Inc. sees FY2012 EPS of $0.96-$1.08, versus the consensus of $1.22. Digital River, Inc. sees FY2012 revenue of $378-$390 million, versus the consensus of $405.9 million.

For earnings history and earnings-related data on Digital River, Inc. (DRIV) click here.

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