Company president Curt Staker said the company is preparing Explorer, an application that greatly extends the functionality of the reporting features in Websense by allowing administrators to drill down into EIM [employee internet management] data interactively to reveal trends and identify risks.
The tool will also contain statistical analysis features that will be able to automatically highlight areas for concern, he said. Staker added that the company is increasingly emphasizing reporting technology when selling the benefits of EIM to its potential customers.
The company’s comments came as the company reported a satisfying fourth-quarter performance but gave disappointing first-quarter guidance, which caused its stock to be punished in after-hours trading.
The firm reported a fourth-quarter net income of $6.5m, compared to a net income of $1.6m a year earlier, on revenue that was up 54% at $17.4m. Earnings per share was $0.20. For the full year, the company reported net income of $16.7m, versus $3.1m in 2001, on revenue up 70% at $61m.
The content filtering firm offered EPS guidance of $0.13 to $0.14 per share, flat to down a cent on the analysts’ consensus estimate, and a sequential revenue growth prediction of between 7% and 8%. The company blamed the uncertain economic climate given the likelihood of war breaking out during the quarter.
The Explorer product will be free at first to Websense Enterprise customers. The company has three other products in beta release. As well as version 5.0 of its Enterprise product, the company will release a bandwidth optimization module and a client application manager (CAM) some time at the end of the first quarter.
Also a focus this year will be pushing its products into an OEM channel of firewall, proxy, cache and switch vendors. The company already had notable deals with Blue Coat Systems Inc, Nokia Corp (a useful branding partner in Europe, executives said) and networking equipment giant Cisco Systems Inc.
Source: Computerwire
