AVG Technologies (AVG) Tops Q1 EPS by 2c

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Go back to AVG Technologies (AVG) Tops Q1 EPS by 2c

AVG Announces First Quarter 2016 Financial Results

April 27, 2016 4:03 PM EDT

AMSTERDAM, April 27, 2016 /PRNewswire/ -- AVG Technologies N.V. (NYSE: AVG), the online security company providing leading software and services to secure devices, data and people, today reported results for the first quarter ended March 31, 2016.

First Quarter 2016 Highlights

Achieved quarterly revenue of $107.9 million; Non-GAAP adjusted EPS was $0.44. Revenue from Emerging Businesses, which includes Mobile, VPN and hosted-SMB, grew 57 percent over last year, comprising 28 percent of total revenue. Subscription revenue grew 9 percent over the same period last year. ZEN user base at 53... More