View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
May 15, 2009

Trend Micro Q1 sales down 11% to $244m

Net income up 5% on year-ago quarter

By CBR Staff Writer

Anti-virus software developer Trend Micro has reported a 5% increase in net income to JPY 4.82 billion ($51m) for the first quarter 2009, compared to JPY 4.59 billion ($44m) in the year-ago quarter, on revenue down 11% at JPY 23 billion ($244m).

Operating income fell 16% to JPY 7.02 billion ($75m) compared to JPY 8.33 billion ($80m) in the same period last year.

Geographically, Japan revenue was flat at JPY 9.8 billion ($104.3m), while US revenue fell 4% to JPY 5.9 billion ($63.5m). Europe revenue fell 23% to JPY 4.74 billion ($50.62m), Asia Pacific revenue fell 31% to JPY 1.8 billion ($19.63m), and Latin America revenue fell 20% to JPY 585m ($6.23m).

Eva Chen, chief executive at Trend Micro, said: We made some important strategic alliances this quarter that further our ability to bring to market innovative products and solutions. The combination of the BigFix Platform with our endpoint security positions us not only to capture market share from our biggest competitors, but to set a new standard for endpoint protection. We also teamed with Cisco to deliver the Home Network Defender, one of the first internet software security and parental controls solution. Our recent acquisition of Third Brigade is another example.

During the quarter the company also established three technology support labs for its channel partners in India to provide a real-time simulated environment to enable partners and customers to try and test various products.

Looking ahead to the second quarter the company expects revenue of JPY 23.8 billion ($253m), operating income of JPY 7.2 billion ($75m), and net income of JPY 4.6 billion ($48m).

Content from our partners
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer
Financial management can be onerous for CFOs, but new tech is helping lighten the load

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 New Statesman Media Group 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.