Vasco Data Security (VDSI) Tops Q3 EPS by 12c, Beats on Revenues; Increases FY17 Revenue Guidance

Vasco Data Security (NASDAQ: VDSI) reported Q3 EPS of $0.14, $0.12 better than the analyst estimate of $0.02. Revenue for the quarter came in at $51.1 million versus the consensus estimate of $48.17 million.

Guidance for Full-Year 2017

VASCO is increasing its guidance for the full-year 2017 as follows:

• We expect revenue to be in the range of $185 million to $190 million versus our previous guidance of $180 million to $190 million.
• Operating income as a percentage of revenue, excluding amortization of purchased intangible assets is projected to be in the range of 6% to 9%, up from our prior guidance of 1% to 5%.

GUIDANCE:

Vasco Data Security sees FY2017 revenue of $185-190 million, versus the consensus of $187.57 million.

• Q3 Total revenue of $51.1 million
• Q3 GAAP operating income of $5.1 million
• Q3 GAAP earnings per share of $0.07
• Q3 Non-GAAP earnings per share of $0.141

For earnings history and earnings-related data on Vasco Data Security (VDSI) click here.

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