Feeds

4Front posts improved Q2 profits

Growth prospects are "strong"

  • alert
  • submit to reddit

Top three mobile application threats

4Front Technologies has posted its results for the quarter ending July 31, showing a 46 per cent increase in revenue on the same period last year. Net income in Q2 was $1.235 million on total revenue of $27.42 million. In the comparable period last year, net income was $677,000 on revenue of $18.8 million. Anil Doshi, chairman and CEO of the storage distributor to help desk firm, commented: "The second quarter saw strong market demand and further successful implementation of our growth strategy resulting in another record revenue and profit quarter." He said the company's growth prospects were strong, pointing out that revenues for the first six months of this fiscal year exceed total revenue for the 1997 fiscal year. Revenue for the first six months was $54.1 million, up 45 per cent on the same period last year. Net income shot up 78 per cent to $2.5 million. To build on the success of the last year in the UK, the company is now looking to expand operations in the rest of Europe. "We now have annual revenue of over $20 million in France," Mark Ellis, VP and chairman of 4Front said.®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.