AVG Technologies (AVG) Tops Q3 EPS by 8c; Announces CFO Transition

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AVG Announces Transition of Chief Financial Officer

November 4, 2015 4:08 PM EST

AMSTERDAM, Nov. 4, 2015 /PRNewswire/ -- AVG® Technologies N.V. (NYSE: AVG), the online security company for more than 200 million monthly active users, today announced that it is initiating a Chief Financial Officer transition.  During this period, John Little will remain CFO and maintain all of his existing duties until a successor is named and the transition is complete.

Gary Kovacs, AVG's chief executive officer, said, "For the past eight years, John has led AVG's finance function during a period of rapid growth and expansion, including a successful initial public... More

AVG Announces Third Quarter 2015 Financial Results

November 4, 2015 4:04 PM EST

AMSTERDAM, Nov. 4, 2015 /PRNewswire/ -- AVG® Technologies N.V. (NYSE: AVG), the online security company for more than 200 million monthly active users, today reported results for the third quarter ended September 30, 2015.

Third quarter 2015 highlights

Revenue grew 17 percent over the same period last year, to $108.2 million; adjusting for foreign exchange movements, third quarter revenue would have grown 20 percent to more than $111 million. Total paid users grew 43 percent over the same period last year to... More