August 1, 2005, 12:00 AM

Digital River’s Q2 revenue grows 47% vs. year ago

Q2 revenue at Digital River, provider of e-commerce outsourcing services, increased 47% to $51.1 million in the second quarter of 2004, the company reports. Q2 net income was $10.2 million, an increase of 37% compared to the second quarter of 2004.

 

Q2 revenue at Digital River Inc., provider of e-commerce outsourcing services, increased 47% to $51.1 million from $34.9 million in the second quarter of 2004, the company reports. Q2 net income was $10.2 million, an increase of 37% compared to net income of $6.8 million in the second quarter of 2004.

For the first half, the company reported revenue of $105.7 million, up 58% increase from revenue of $66.7 million in the first half of the prior year. First half net income was $24.3 million compared to net income of $14.4 million for the same period of 2004.

The company expects full-year revenue to reach $216 million; up from previous expectations of $209 million.

Digital River builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Emil Sayegh / E-Commerce

The Ashley Madison debacle: lessons for online businesses

Ashley Madison actually did something right that prevented the breach from being even worse. But ...

FPO

Richard Hui / E-Commerce

Buyable buttons shift the ad model: What retailers should do now

Retailers may close more sales when adding Buy buttons to ads on platforms like Google, ...

Advertisement