Digital River Announces $83 Million Revenue for Q4 2006
Digital River has announce $83.0 million revenue for the fourth quarter of 2006. Digital River’s ful year 2006 revenue totaled $307.6 million.
Digital River has announce $83.0 million revenue for the fourth quarter of 2006. Digital River’s ful year 2006 revenue totaled $307.6 million.
Digital River Q4 2006 Financial Results
– Total revenue increased 35% to $83.0 million
– GAAP net income: $16.4 million
– Non-GAAP net income: $21.6 million.
Digital River Full Year 2006 Financial Results
– Total revenue increased 40% to $307.6 million
– GAAP net income: $60.8 million
– Non-GAAP net income: $79.7 million.
Joel Ronning, CEO, Digital River, said: “We are pleased with our fourth quarter and full year results. Key client wins, expansion in global markets and growth in strategic marketing services were major contributors to our success last year. Looking forward, we intend to deliver more value to our clients and prospects while further strengthening our market leadership position. In 2007, we plan to intensify our focus on operational execution as well as introduce more revenue-generating e-marketing programs”. [source]
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Digital River Press Release
About Digital River
Digital River is an e-commerce outsourcing provider. The company builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers.
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