Double-Take Shrs Plunge On Q3 Warning

Double-Take Software (DBTK) shares fell sharply after the company earlier today said third quarter results would come in shy of previous guidance.

The company now sees revenue of $23.8 million to $24 million, below its previous view of $25.7 million to $26.3 million. Double-Take sees non-GAAP profits of 14-15 cents a share, down from its previous guidance of 15-16 cents.

“In the latter part of September customers delayed closings on a number of expected deals in both Europe and in the American regions.”

Read the rest of this post


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »