The company said it now expects revenue for the quarter to be $27 million, 27% higher than the previous three months and 14% above the same period in 2003. This will boost net profit for the quarter to $0.04 a share, $0.02 a share above previous guidance.
Dallas, Texas-based Entrust said revenue for the quarter was driven by product revenue, which at $11 million amounted to 41% of the total. The company said it expects full-year revenue to grow by 3% to $90.8 million while earnings are forecast at $0.02.
