Key Developments For Double-Take Software, Inc.
Double-Take Software, Inc. (DBTK.O) (Consolidated Issue listed on NASDAQ Global Market)
Park Community Federal Credit Union Selects Double-Take Software, Inc.
Double-Take Software, Inc. announced that Park Community Federal Credit Union has selected Double-Take Availability to protect and provide high availability for its Exchange and SQL Servers, as well as all other servers in their environment.
Double-Take Software, Inc. Issues Q4 2009 Guidance In Line With Analysts' Estimates
Double-Take Software, Inc. announced that for fourth quarter of 2009, it expects revenue to be in the range of $22.0-$24.0 million, adjusted non-GAAP operating income to be $3.8-$5.5 million. Assuming an effective income tax rate on non-GAAP income of approximately 43%, non-GAAP net income per share for the fourth quarter of 2009 to be in the range of $0.10 to $0.14 per diluted share. According to Reuters Estimates, analysts were expecting the Company to report revenues of $23.5 million, EBIT of $5.0 million and EPS of $0.14 for the same period.
Lennox International Selects Double-Take Software, Inc.'s Double-Take Backup To Optimize Branch Office Backup
Double-Take Software, Inc. announced that Lennox International has selected Double-Take Backup to provide continuous protection and on-demand rapid recovery to address their backup inefficiencies while gaining the ability to protect everything from individual files to entire systems in real-time.
Double-Take Software, Inc. Issues Q3 2009 Guidance In Line With Analysts' Estimates
Double-Take Software, Inc. announced that for third quarter of 2009, it expects revenues to be in the range of $20.0-$22.0 million and adjusted non-GAAP operating income to be $2.7-$4.4 million. The effective income tax rate on non-GAAP income for the third quarter is expected to be approximately 39%. Non-GAAP net income per share for the third quarter is expected to be in the range of $0.07-$0.12 per share. According to Reuters Estimates, analysts were expecting the Company to report revenues of $22.0 million and EBIT of $3.9 million for the same period.
Double-Take Software, Inc. Issues FY, Q1 2009 Guidance Below Analysts' Estimates
Double-Take Software, Inc. announced that for first quarter of 2009, it expects revenue range of $20.6 to $22.5 million, adjusted non-GAAP operating income to be $0.5 to $2.0 million and non-GAAP net income per share to be in the range of $0.02 to $0.06. For fiscal 2009, it expects revenues of $96.0 to $104.0 million, non-GAAP operating income to be $14.0 to $20.0 million and non-GAAP net income per share to be in the range of $0.39 to $0.55, excluding the impact of stock-based compensation charges, and assuming a 38% effective income tax rate. According to Reuters Estimates, analysts were expecting the Company to report revenues of $24.2 million, EBIT of $4.10 million and EPS of $0.14 for first quarter of 2009; revenues of $105.8 million, EBIT of $21.16 million and EPS of $0.66 for fiscal 2009.
