Trend Micro reports Q3 results

NEW DELHI: Trend Micro, Inc., a network anti-virus and Internet content security software and services provider, has announced earnings results for the third quarter 2005.

The company posted consolidated net sales of 18.0 billion Yen (or US $161.6 million, operating income of 6.9 billion Yen (or US $61.7 million) and net income of 4.4 billion Yen (or US $39.4 million) for the quarter. These figures reflect 13 percent growth in net sales compared to the same period a year ago.

Trend Micro said in a statement that it enjoyed steady growth around the world, led by a 29 percent year-over-year revenue increase in North America and 20 percent in Asia.

North America's Q3 performance also featured a 20 percent increase in revenue compared with the previous quarter. Much of the company's worldwide growth was buoyed by strong sales in client/server solutions, which experienced a 41 percent surge in global revenue year-over-year.

Favourable client/server sales helped the company register a 27 percent increase in revenue from enterprise sales in both the United States and Asia.

Enterprise sales were spurred by enhanced anti-spyware, anti-spam, and anti-phishing solutions resulting from Trend Micro's Q2 acquisitions of InterMute and Kelkea, Inc.