CDC Software Expects to Exceed Wall Street Consensus Estimates for Third Quarter GAAP Net Income by 33 percent and Adjusted EBITDA by 15 percent.

Business Wire › October 30, 2009

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CDC Software Expects to Exceed Wall Street Consensus Estimates for Third Quarter GAAP Net Income by 33 percent and Adjusted EBITDA by 15 percent.

SHANGHAI & ATLANTA -- CDC Software Corporation (NASDAQ: CDCS), a global provider of enterprise software applications and services, today announced that, based on preliminary financial projections and estimates, the company expects third quarter 2009 GAAP net income to be in the range of (U.S.)$5.8 million to (U.S.)$6.4 million and Adjusted EBITDA (a)to be in the range of (U.S.)$12.9 million to (U.S.)$13.5 million, exceeding Wall Street estimates for the quarter.

First Call consensus estimates for CDC Software's third quarter of 2009 are (U.S.)$4.6 mi...

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