Vasco Data Security (VDSI) Reports In-Line Q2 EPS; Boosts FY11 Outlook
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Vasco Data Security Int\'l (NASDAQ: VDSI) reported Q2 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $43 million versus the consensus estimate of $35.82 million.
Increases FY11 revenue growth from 20 to 40 percent. Operating margins, excluding expenses related to the amortization of acquisition-related intangible assets, for full-year 2011 are projected to be in the range of 8% to 12% of revenue, no change from guidance previously announced, but are expected to be at the lower end of the range.
Increases FY11 revenue growth from 20 to 40 percent. Operating margins, excluding expenses related to the amortization of acquisition-related intangible assets, for full-year 2011 are projected to be in the range of 8% to 12% of revenue, no change from guidance previously announced, but are expected to be at the lower end of the range.
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