Seeking Alpha

Digital River (DRIV -12.8%) tumbles after its soft Q2 guidance overshadows its Q1 beat. Blaming...

Digital River (DRIV -12.8%) tumbles after its soft Q2 guidance overshadows its Q1 beat. Blaming Europe's macro woes, the company says it expects Q2 revenue of $92M-$94M and EPS of $0.17-$0.19, below a consensus of $95.3M and $0.22. Digital River, which provides e-commerce infrastructure solutions, has been posting growth well below that of the U.S. e-commerce market. (PR)

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