Global e-commerce services provider Digital River has seen its Q4 revenue reach USD 112 million, up 15 percent as compared to USD 97.7 million recorded in Q4 2010, recent financial results have revealed.

The company’s Q4 2011 GAAP net income has dropped by 19 percent to USD 4.3 million, or 12 cents per share, from USD 5.4 million, or 14 cents per share in Q4 2010,.

According to the results, non-GAAP net income for Q4 2011 has climbed to USD 17.7 million, or USD 0.45 per diluted share as compared to the non-GAAP net income of USD 12.7 million, or USD 0.32 per diluted share, registered in Q4 2010.

Digital River has witnessed its 2011 revenue jump to USD 398.1 million from USD 363.2 million in 2010. Furthermore, the company’s GAAP net income for the full year of 2011 has amounted to USD 17.2 million, or USD 0.46 per diluted share as compared to GAAP net income of USD 15.7 million, or USD 0.41 per diluted share, during the same period in 2010.