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Trend Micro Reports Sustained

Posted on November, Saturday 17, 2007 By itVARnews Staff

Trend Micro announced earnings results for the third quarter 2007 (in accordance with Japan GAAP.)



Trend Micro, Incorporated, a leader in network antivirus and Internet content security software and services, announced earnings results for the third quarter 2007 (in accordance with Japan GAAP.)

Trend Micro posted consolidated net sales of US $214.374 million {25.201 billion Yen} (117.56JPY = 1USD), and operating income and net income both performed above expectations. The company posted operating income of US $76.026 million {8.937 billion Yen} and net income of US $58.391 million {6.864 billion Yen} for the quarter.

These figures reflect 19 percent growth in net sales compared to the same period a year ago, a 24 percent growth in operating income and a 43 percent growth in net income for the same time frame.

The Company continued to grow with a 32 percent year-over-year revenue increase in North America, and a 25 percent increase in APAC. Europe and Japan achieved 16 and 12 percent growth, respectively.

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