McAfee First Quarter Earnings Call
29th April 2008 00:00 AM |
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| Several strategic PC OEM partnerships won during the year are expected to drive continued growth in the business for the coming years. |
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| The computer security solutions firm realised revenue of $370 million, up 17% from $315 million in the prior year with balanced performance across segments and geographies. However, increased marketing costs to drive sales adversely affected income, reducing it by 27% to $31.6 million or 19 cents a share. Revenue growth reflects the strength of the security risk management strategy and improved sales execution. |
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McAfee Fourth Quarter Earnings Call
12th February 2008 00:00 AM |
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| The net income was $12.2 million, a drop of 60% from $32.9 million in prior year, on larger income tax provisions. |
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| The leading provider of technology security solutions reported revenue of $357 million as against $302.5 million in prior year. During the quarter, McAfee had a record 453 deals over $100,000, a record 56 deals over $500,000 and 14 deals over $1 million. The company’s Board of Directors has approved a $750 million stock repurchase program through July 29, 2009. For fiscal 2008, McAfee expects EPS to be $1.25 to $1.35, on revenue of $1.425 billion to $1.525 billion. |
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McAfee Third Quarter Earnings Call
31st October 2007 00:00 AM |
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| The earnings more than doubled to $62.9 million or 38 cents a share versus $30.3 million or 19 cents a share in the prior year quarter. |
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| The leading provider of computer security solutions reported revenue of $322 million, up 12% from the previous year. McAfee, which is in the final review of its financial restatement, expects a non-cash charge in the range of $100 million to $150 million related to restatement. The company expects to conclude the acquisition of SafeBoot in the fourth quarter of 2007, pending regulatory review and approval. The fourth quarter GAAP EPS is projected to range between 28 cents and 32 cents. |
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McAfee Second Quarter Earnings Call
1st August 2007 00:00 AM |
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| The net income increased to $49.4 million or 30 cents a share from $31.4 million or 19 cents a share in the prior year quarter. |
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| The provider of computer security solutions reported revenue of $314 million, up 13% from the prior year quarter. McAfee believes that the internal review of stock option grant practices would result in aggregate non-cash charges in the range of $100 million to $150 million. In Q2, the firm closed 11 deals worth over $1 million versus four deals in prior year. For fiscal 2007, the firm expects 2007 GAAP EPS between $1.07 and $1.27 per share, on revenue of $1.26 billion to $1.3 billion. |
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