Digital River Inc. Is Climbing Following Q2 Report

Wed. July 30, 2008; Posted: 05:33 PM

(RTTNews) - Digital River Inc. (DRIV | Quote | Chart | News | PowerRating) reported second quarter EPS of $0.37 after the close Wednesday, which beat the consensus estimate of $0.33. The company expects to report third quarter EPS of $0.47 and full year 2008 EPS of $2.00. The consensus estimates are for EPS of $0.45 and $1.90 respectively. The stock is now up 2.74 on 145K shares.

Digital River traded in a range for the bulk of Wednesday's session and closed up by 0.26 at $39.01. The stock finished near the lower end of a 2-week range.

For full details on Digital River Inc (DRIV) click here. Digital River Inc (DRIV) has Short Term PowerRatings of 7. Details on Digital River Inc (DRIV) Short Term PowerRatings is available at This Link.

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