Vasco Data Security (VDSI) Misses Q4 EPS by 8c; Guides Below the Street

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VASCO Reports Results for Fourth Quarter and Full-year 2015

February 16, 2016 4:06 PM EST

OAKBROOK TERRACE, Ill. and ZURICH, Feb. 16, 2016 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), today reported financial results for the fourth quarter and full-year ended December 31, 2015.

Revenue from continuing operations for the fourth quarter of 2015 decreased 18% to $50.9 million from $62.4 million in the fourth quarter of 2014, and for the full-year 2015, increased 20% to $241.4 million from $201.5 million in 2014. 

Net income from continuing operations for the fourth quarter of 2015 was $3.5 million, or $0.09 per fully diluted share, a decrease of $7.5 million, or 68% from $11.0 million, or $0.28 per fully diluted share, for the fourth quarter of 2014.  Net... More