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Last updated on April 21, 2014 at 7:52 EDT

Trend Micro Reports Second Quarter Results

August 9, 2012

TOKYO, Aug. 9, 2012 /PRNewswire/ — Trend Micro Incorporated (TSE: 4704; TYO 4704), the global cloud security leader, announced earnings results for the second quarter 2012, ending June 30, 2012.

For the second quarter, Trend Micro posted consolidated net sales of 23,058 million Yen (or US $287 million, 80.10JPY = 1USD). The company posted operating income of 4,934 million Yen (or US $61 million) and net income of 3,285 million Yen (or US $41 million) for the quarter.

“To fully deliver on our customer promise of ‘Securing Your Journey to the Cloud’ we need to ensure that all Trend Micro products and services provide the best security across physical, virtual, and cloud environments and different usage models,” said Eva Chen, CEO. “At our core, Trend Micro offers services, software, appliances, and SaaS designed to solve our customer’s security problems.”

Based on information currently available to the company, consolidated net sales for the third quarter ending September 30, 2012 is expected to be 23,700million Yen (or US $303 million, based on an exchange rate of 78 JPY = 1USD). Operating income and net income are expected to be 5,700 million Yen (or US $73 million) and 4,000 million Yen (or US $51 million), respectively.

Growth rate figures are calculated from Japanese Yen results. Some discrepancy may therefore be noted in US Dollar comparisons owing to fluctuations in currency conversion rates.

Q2 2012 Business Highlights

Trend Micro announced it is now part of the VCE independent software vendors (ISV) program and that Trend Micro Deep Security has been certified on the VCE(TM) Vblock(TM) infrastructure platform.

Trend Micro joined the NCSA Board of Directors with Tom Kellermann, U.S. vice president of cybersecurity, serving as the company’s representative.

A strategic partnership between Trend Micro and Facebook was announced to help educate and protect users’ digital life against malicious sites and malware. Facebook will support integration of the Trend Micro(TM) Smart Protection Network(TM) infrastructure, which uses cloud technology, threat correlation, and a global network of threat intelligence sensors to proactively stop malware and web threats before they reach the computer.

Trend Micro announced integration of data-loss prevention across the enterprise in conjunction with the new Trend Micro Control Manager release for delivering innovative central management.

Awards and Recognition for Q2 2012

Corporate

Trend Micro was named the major player leading the fast-growing Global Cloud Security Software market, according to TechNavio’s Global Cloud Security Software Market report.

Trend Micro holds the largest share in the global virtualization security management solutions market, according to The Global Virtualization Security Management Solutions Market 2011-2015, published by independent market research company TechNavio.

Products and Innovation

SC Magazine named Trend Micro as the company with the best secure virtualization solution, Trend Micro Deep Security. The announcement was made on the 24th April at the annual SC Magazine Europe Awards, held in conjunction with the Infosecurity Europe conference in London.

Trend Micro received “Best Privacy technology Award” for Deep Security from www.patientprivacyrights.com.

Info-Tech recognized Trend Micro as a Champion in the DLP market noting that Trend Micro has the best value and flexible deployment options.

Trend Micro Mobile Security won the mobile security software category for ‘next-generation network products and services’ of “the 2012 MM Research Institute Awards” given out by MM Research Institute Ltd., a research organization in Japan.

Patents

    Trend Micro was awarded the following patents in Q2 2012:

    8156234                    Multicast Distribution of
                               Computer Virus Pattern Files
                               with Fail Over Mechanism

    8161552                    White List Creation in Behavior
                               Monitoring System

    8171552                    Simultaneous Execution of
                               Multiple Anti-Virus Programs

    8171467                    Updating of Malicious Code
                               Patterns Using Public DNS
                               Servers

    8171002                    Matching Engine with Signature
                               Generation

    8171547                    Method and System Using
                               Designated Template Hosts For
                               Real Time Classification of
                               Events in a Computer Integrity
                               System

    8171002                    Matching Engine with Signature
                               Generation

    8171467                    Updating of Malicious Code
                               Patterns Using Public DNS
                               Servers

    8175387                    Image Similarity Detection by
                               Approximate Pattern Matching

    8180917                    Packet Threshold-Mix Batching
                               Dispatcher to Counter Traffic
                               Analysis

    8191143                    Anti-pharming in wireless
                               network at pre-IP state

    8195816                    Computer system protect user
                               against Phishing and Pharming
                               Scam

    8195953                    Computer Program with Built-In
                               Malware Protection

    8201246                    Preventing Malicious Codes from
                               Performing Malicious Actions in
                               a Computer System

    8201247                    Method and Apparatus for
                               Providing Computer Security
                               Service  via Instant Messaging

    8205258                    Web threat infection chain
                               detection

Notice Regarding Forward-looking Statements

Certain statements that we make in this release are forward-looking statements. These forward-looking statements are based upon management’s current assumptions and beliefs in light of the information currently available to it, but involve known and unknown risks and uncertainties. Many important factors could cause our actual results to differ materially from those expressed in our forward-looking statements. These factors include:

  • Difficulties in addressing new virus and other computer security problems
  • Timing of new product introductions and lack of market acceptance for our new products
  • The level of continuing demand for, and timing of sales of, our existing products
  • Rapid technological change within the antivirus software industry
  • Changes in customer needs for antivirus software
  • Existing products and new product introductions by our competitors and the pricing of those products
  • Declining prices for products and services
  • The effect of future acquisitions on our financial condition and results of operations
  • The effect of adverse economic trends on our principal markets
  • The effect of foreign exchange fluctuations on our results of operations
  • An increase in the incidence of product returns
  • The potential lack of attractive investment targets and
  • Difficulties in successfully executing our investment strategy

About Trend Micro:

Trend Micro Incorporated (TYO: 4704;TSE: 4704), the global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years’ experience, we deliver top-ranked client, server and cloud-based security that fits our customers’ and partners’ needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the industry-leading Trend Micro Smart Protection Network cloud computing security infrastructure, our products and services stop threats where they emerge – from the Internet. They are supported by 1,000+ threat intelligence experts around the globe.

Additional information about Trend Micro Incorporated and the products and services are available at Trend Micro.com. This Trend Micro news release and other announcements are available at http://newsroom.trendmicro.com/ and as part of an RSS feed at www.trendmicro.com/rss. Or follow our news on Twitter at @TrendMicro.

SOURCE Trend Micro Incorporated


Source: PR Newswire