(RTTNews) - Silverstar Holdings (SSTR) is climbing in the pre-market following preliminary estimates for their fourth quarter. At 8:55 am EST, the stock traded at $2.54, a gain of 11.40% on yesterday's close.

The move comes after the company reported preliminary estimated results for its fourth quarter ended June 30, 2007. The company currently expects revenues in the range between $11.5 and $11.9 million, compared to previous guidance in range of $10.5-$12.5 million.

Operating income for the quarter is now expected in the range of $1.6-$1.9 million or $0.15-$0.18 per share, compared to earlier guidance of $0.4-$1.7 million.

Quarterly EBITDA is now estimated to range between $4.0 million and $4.4 million or between $0.40 and $0.44 per diluted share.