AVG Technologies (AVG) Tops Q1 EPS by 9c

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Go back to AVG Technologies (AVG) Tops Q1 EPS by 9c

AVG Announces First Quarter 2015 Financial Results

April 29, 2015 4:05 PM EDT

AMSTERDAM, April 29, 2015 /PRNewswire/ -- AVG Technologies N.V. (NYSE: AVG), the provider of Internet and mobile security, privacy and optimization to 202 million active users, today reported results for the first quarter ended March 31, 2015.

Key highlights

Subscription revenue grew 21 percent to $81.6 million Total monthly active users surpassed 200 million, with mobile users growing 29 percent over last year to 104 million Q1 revenues increased 10 percent over the same period last year; adjusting for foreign exchange movements, Q1 revenues grew over 12 percent

First quarter 2015... More