Double-Take Software boosted after reporting solid Q1 EPS, raising ’08 guidance

Shares of Double-Take Software, Inc. (Nasdaq:DBTK) are gaining mid-session after the provider of support of data protection software reported first-quarter earnings after Tuesday’s close that beat the street by 18%. The small cap also raised full year guidance on account of robust first quarter and issued second-quarter guidance inline to slightly above analysts’ estimates.

Shares jumped 20%, or $2.41, to $14.63 at 1:37 p.m. ET. For detailed price information and recent news stories about Double-Take Software, click DBTK.  

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