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Digital River posts lower 1st-quarter profit, still beats Wall Street's expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Digital River posts lower 1st-quarter profit, still beats Wall Street's expectations Posted: Apr 29, 2009 6:50 PM
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Original Post: Digital River posts lower 1st-quarter profit, still beats Wall Street's expectations
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Digital River posts lower 1Q profit MINNEAPOLIS — E-commerce software service company Digital River Inc. said Wednesday its first-quarter profit inched lower, but the results surpassed the company's forecast and Wall Street's expectations. The company earned $16.6 million, or 45 cents per share, down 9 percent from $18.3 million, or 43 cents per share, in the same [...]

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