Digital River (DRIV): Q2 EPS of $0.20 beats by $0.02. Revenue of $90.8M (-2% Y/Y) misses by...

|By:, SA News Editor
Digital River (DRIV): Q2 EPS of $0.20 beats by $0.02. Revenue of $90.8M (-2% Y/Y) misses by $2.6M. Expects Q3 revenue of $88M-$91M and EPS of $0.12-$0.18, below consensus of $97.1M and $0.26. Expects 2012 revenue of $378M-$390M and EPS of $0.96-$1.08, below consensus of $405.9M and $1.22. Weak PC sales and macro issues blamed. New $100M stock buyback announced. Shares -12.3% AH. (PR)