Verity ( VRTY) said Wednesday earnings for its fiscal third quarter beat Wall Street's expectations, and the company said fourth-quarter results would be in line with analyst forecasts. The software maker said it earned $9.2 million, or 25 cents a share. Five analysts polled by First Call/Thomson Financial were expecting the company to post earnings of 23 cents in the quarter, up from 21 cents it made in the year-ago period. Revenue totaled $38 million, with $28.7 million of that coming from software. Looking forward, Verity said it expects fourth-quarter revenue to rise 8% to 12% to $41 million to $42.5 million, with earnings per share at 24 cents to 27 cents. Analysts are calling for earnings of 25 cents in the fourth quarter, and 92 cents for the full year. Verity expects earnings of 91 cents to 94 cents for the year, with revenue between $144.8 million and $146.3 million. Shares of Verity, which is based in Sunnyvale, Calif., rose 63 cents, or 2.8%, to $22.94 in regular session Nasdaq trading, and jumped to $24.50 in recent after-hours Island trading.
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