Digital River Reports Strong Growth
Ecommerce powerhouse Digital River announced some impressive results for the fourth quarter and full year of 2013.
Fourth quarter revenue totaled $101.2 million, exceeding management’s fourth quarter revenue guidance of $96.5 to $100.5 million. For the full year 2013, revenue was $389.7 million, exceeding management’s full year 2013 revenue guidance of $385 to $389 million.
"I am pleased to report that we closed the year with solid results. Our revenue performance was driven by strong holiday sales through our customers’ commerce channels and the continued, strong organic growth of our global payments offerings," said David Dobson, Digital River’s CEO. "We remain committed to creating more value for our customers and shareholders."
Digital River provide a suite of services for commerce, payments and marketing/advertising.
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