SurfControl boasts record quarter
Print'Cautiously optimistic'
Posted in Financial News, 8th April 2004 12:26 GMT
Free whitepaper – Avoiding 7 common mistakes of IT security compliance
The war against spam has helped boost revenues for Surfcontrol, the British web and email filtering firm.
In a trading update today, the company said it had invoiced $25.8m (£14m) during a record third quarter, ended 31 March. SurfControl said Q3 trading was positive and that the content security market is robust with demand "remaining high".
In the Americas region, invoicing grew 17 per cent year-on-year, while other areas combined to generate a 25 per cent increase in demand.
Said chief exec Steve Purdham: "We saw a 21 per cent year-on-year increase in group invoicing, and importantly a 17 per cent year-on-year increase in invoicing in our Americas region. We continue to be cautiously optimistic of a satisfactory outcome for the year as a whole."
By noon, shares were up 4p (0.69 per cent) at 580p. SurfControl will publish full unaudited Q3 results on April 27. ®
Related stories
SurfControl sees surge in revenue
Spam fuels boom in secure content market
Spam and porn lift SurfControl
Free whitepaper – Avoiding 7 common mistakes of IT security compliance
Analyst Keynote: The Register Agile Data Center Summit
Managing desktop software for fun and profit
Analyst Keynote: The Register Agile Data Center Summit
Enabling the Agile Data Center
Google Spanner — instamatic redundancy for 10 million servers?
Early adopters bloodied by Ubuntu's Karmic Koala
Fedora 12 polishes Linux for netbooks
Sign up, sign up for The Register IT security newsletter