Digital River, Acme Packet: After-Hours Trading

NEW YORK (TheStreet) -- Shares of Digital River surged in late trades on Thursday after the e-commerce software company handily beat Wall Street expectations for its fiscal fourth quarter. The Eden Prairie, Minn.-based company reported non-GAAP earnings of $17.2 million, or 45 cents a share, on revenue of $112 million, easily topping the average estimate of analysts polled by Thomson Reuters for earnings of 33 cents a share in the December-ended period on revenue of $104.2 million. The company's first-quarter outlook looks a bit light though. Digital River forecast non-GAAP earnings of 27 to 30 cents a share for the three months ending March on revenue ranging from $99 million to $101 million. The current average analysts' view is for a profit of 33 cents a share in the quarter on revenue of $104.4 million. ... Click to view a price quote on DRIV. Click to research the Internet industry.

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