DALLAS (AP) ¿ Digital security software company Entrust Inc., which agreed to be sold to Thoma Bravo LLC, said Monday it expects first-quarter earnings of $1.7 million, or 3 cents per share.

This is up from a loss of $1.2 million, or 2 cents per share, in the same period a year earlier. Excluding items, the company expects a profit of 4 cents per share.

Analysts, on average, are expecting a profit of 3 cents per share, according to a poll by Thomson Reuters. Analysts typically exclude one-time items from their estimates.

The company expects sales of $22.6 million, down 12 percent from $25.8 million a year earlier. Analysts are expecting $22.3 million.

Entrust plans to release full financial results for its fiscal first quarter on April 28.

As part of the buyout deal, Entrust said its shareholders will receive $1.85 in cash for each Entrust share they hold.

Shares rose 14 cents, or 8.4 percent, to $1.81 in premarket trading.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Technology

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Some Companies Are Already Feeling the Effect of GDPR

Some Companies Are Already Feeling the Effect of GDPR

Experts Break Down GDPR Risks for Investors

Experts Break Down GDPR Risks for Investors

Netflix Ready to Surpass Disney as America's Most Valuable Media Company

Netflix Ready to Surpass Disney as America's Most Valuable Media Company