View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 5, 2005

Entrust expects Q4 to be boosted by product sales

Security software vendor Entrust Inc has announced that it expects to report fourth-quarter net income at twice the level it originally expected after a surge in product sales.

By CBR Staff Writer

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.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.