Vasco Data Security Internatio (VDSI) Tops Q3 EPS by 9c, Offers New Outlook for Full Year
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Price: $21.80 --0%
Financial Fact:
Sales and marketing: 14.54M
Today's EPS Names:
OFLX, VAXX, NMRD, More
Financial Fact:
Sales and marketing: 14.54M
Today's EPS Names:
OFLX, VAXX, NMRD, More
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Vasco Data Security Internatio (NASDAQ: VDSI) reported Q3 EPS of $0.15, $0.09 better than the analyst estimate of $0.06. Revenue for the quarter came in at $41.4 million versus the consensus estimate of $37.22 million.
The company now forecasts revenue growth from continuing operations will be in the range of 45% to 55% for the full-year 2011 over full-year 2010, as compared to expected full-year revenue growth of more than 40% announced at the end of the second quarter of 2011.
Operating margins from continuing operations for full-year 2011 are projected to be in the range of 13% to 16% of revenue, compared to 8% to 12% of revenue announced at the end of the second quarter of 2011.
The company now forecasts revenue growth from continuing operations will be in the range of 45% to 55% for the full-year 2011 over full-year 2010, as compared to expected full-year revenue growth of more than 40% announced at the end of the second quarter of 2011.
Operating margins from continuing operations for full-year 2011 are projected to be in the range of 13% to 16% of revenue, compared to 8% to 12% of revenue announced at the end of the second quarter of 2011.
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