AVG Technologies (AVG) Tops Q4 EPS by 2c

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AVG Announces Fourth Quarter and Fiscal-Year 2015 Financial Results

February 24, 2016 4:03 PM EST

AMSTERDAM, Feb. 24, 2016 /PRNewswire/ -- AVG Technologies N.V. (NYSE: AVG), the online security company for devices, data and people, today reported results for the fourth quarter and fiscal-year ended December 31, 2015.

Fourth Quarter and Fiscal-Year 2015 Highlights

Achieved record quarterly revenue of $109.5 million and record fiscal-year revenue of $428.3 million, reflecting annual growth of 9 and 14 percent, respectively. Quarterly subscription-based revenue grew 15 percent over the same period of last year, comprising over 81 percent of total revenue. For the full year, subscription-based revenue grew 23 percent to $346.2 million.... More