UPDATE 2-Digital River Q3 profit narrowly beats estimates

* Q3 adj EPS $0.42 vs est. $0.41

* Q3 rev $99.4 mln vs est. $98.3 mln

* Sees FY'09 rev, excl Symantec, to grow in upper teens (Adds conference call details, background)

BANGALORE, Nov 3 (Reuters) - E-commerce services provider Digital River Inc (DRIV.O) posted better-than-expected quarterly results and expects to exit 2010 with revenue growth in the upper teens, despite losing its top customer Symantec.

Digital River, however, said it does not have full visibility into Symantec's (SYMC.O) plans to move its e-commerce platform in-house and is still assessing the impact to its business.

On October 12, the company said Symantec, which accounts for nearly 30 percent of its revenue, will not extend an existing contract to manage its online traffic. [ID:nBNG159286]

For the third quarter, net income was $11 million, or 29 cents per share, compared with $15.6 million, or 39 cents per share, a year ago.

Revenue for the company, which competes with Germany's Asknet (A5AGn.DE) and GSI Commerce Inc (GSIC.O), fell 3 percent to $99.4 million. Excluding Symantec's contribution, revenue was up 8 percent.

Adjusted profit for the quarter was 42 cents per share that beat the consensus estimate by a penny.