The company has also been providing the data recovery services, has said that it has earned $1.6 million, or seven cents per share, as compared to the amount of $2.6 million, or eleven cents per share, one year before. By excluding the stock based compensation expenses, this company says that it would have earned twelve cents per share in this latest period.

The revenues were seen to fall 11 percent to $21.3 million and the software sales were dropped by 20 percent, whereas the services revenue was slipped less than 1 percent.

Many of the analysts expected that the company will be earning ten cents per share, by excluding one time items, on the sales of $21.4 million.

The chairman, CEO and the president Dean Goodermote has said in a statement that the results were seen to be similar to their second quarter and that is what they were expecting. This has signaled them that their normalized buying patterns are being returned. Double-Take forecast has also adjusted the fourth-quarter earnings between ten and fourteen cents per share on the sales of $22 million to $24 million. Analysts have also estimated a profit of fourteen cents per share on the sales of $23.5 million, on an average scale.

The shares were observed to fall nine cents to close the earlier at $9.26, but in the extended trading after the report had been released, they went up fourteen cents to $9.40.