Feeds

RSA warns on profits

Security firm misses targets

  • alert
  • submit to reddit

SANS - Survey on application security programs

RSA Security has warned that it will miss revenue targets for the first quarter.

The firm's shares have fallen from just below $16 to $11.32 since Monday.

RSA expects earnings for the quarter ended 31 March to be between £74m to $76m rather than the $81m and $84m it was predicting. This will give earnings per share of 8 to 10 cents instead of the 13 to 15 cents per share originally forecast.

The security company said the first quarter was traditionally a time of weak demand but a slowdown in software sales, especially in the last month, pushed the company off target. RSA's authentication business did better, outperforming the same quarter last year.

Full results for the first quarter will be released 27 April.

You can read the full statement on RSA's website here.®

Related stories

Banks 'wasting millions' on two-factor authentication
RSA invites speaking proposals
RSA 2005: complete coverage

SANS - Survey on application security programs

Whitepapers

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.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.