Navigation Links
Entrust Announces Financial Results for Fourth-Quarter and Fiscal 2008
Date:1/29/2009

in the quarter and year. Our focus on providing 'Trusted Security for Less' is serving us well in this market, and should help us amid shrinking IT budgets in 2009."

Entrust recorded a Q4 2008 net income, calculated in accordance with GAAP, of $1.8 million, or $0.03 per share, compared to Q4 2007 net income of $969,000, or $0.02 per share. On a non-GAAP basis, the company recorded a Q4 2008 non-GAAP income of $2.4 million, or $0.04 per share, compared to Q4 2007 non-GAAP income of $2.2 million or $0.04 per share. Adjusted for currency impact, non-GAAP income was $3.1 million or $0.05 per share. See the financial table below reconciling these non-GAAP figures to GAAP.

For the full year ended December 31, 2008, Entrust recorded a net loss, calculated in accordance with GAAP, of $1.0 million, or $0.02 per share, compared to 2007 net loss of $6.2 million, or $0.10 per share. On a non-GAAP basis, the company recorded a non-GAAP income of $4.3 million, or $0.07 per share, compared to 2007 non-GAAP income of $46,000, or $0.00 per share. Adjusted for currency impact, non-GAAP income was $5.4 million or $0.09 per share. The non-GAAP figures exclude amortization of purchased intangibles, stock-option based compensation expense, the write-down of long-term assets and adjustments to restructuring accruals. See the financial table below reconciling these non-GAAP figures to GAAP.

Entrust was also cash-flow-from-operations positive by $12.0 million for 2008, net of change in accrued restructuring charges. Entrust ended the quarter with cash and cash equivalents of over $24.3 million and no debt.

"I am pleased with the continued progress we made in 2008 at increasing our subscription revenue and decreasing our reliance on large transactions," said David Wagner, Entrust senior vice president of finance and chief financial officer. "We generated 92 percent of our product revenue from transactions less than $500,000
'/>"/>

SOURCE Entrust, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

Related biology news :

1. The Finnish Population Register Centre to Deploy Entrust EAC ePassport CA Solution
2. Entrust, 3M Collaborate to Provide End-to-End Secure ePassport Solution
3. Entrust, 3M Collaborate to Provide End-to-End Secure ePassport Solution
4. Entrust Expands Relationship with Slovenia, Implements Second-generation ePassport Solution
5. SC Magazine: Entrust Entelligence Messaging Server Earns Five-Stars and Recommended Rating
6. Entrust, Hewlett Packard Partner to Deploy Taiwanese ePassports, Authenticate Biometric Data
7. Entrust Digital Signatures Help Secure More Than 18 Million U.S. ePassports
8. Entrust Continues Leadership by Adding Support for Next-generation E-Passports
9. Aware Announces Q4 and FY2008 Earnings Conference Call
10. WCC Announces Version 6 of its ELISE Smart Search and Match Platform for Employment and Biometric Matching
11. VUANCE Announces Crime Scene Security and Evidentiary Tracking Development Project
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/31/2014)... and his team have been studying the behavior ... Austrian Alps for years. They observed that ravens ... grooming and playing. However, they also observed that ... third individual. Although in about 50 % of ... up the two affiliating ravens, intervening can be ...
(Date:10/30/2014)... German . ... humans to behave socially? This is one of the ... Previous studies assumed that it is almost impossible to ... Max Planck Institute for Evolutionary Biology have now demonstrated ... the cooperative behaviour of others. However, the possibilities available ...
(Date:10/30/2014)... , Oct. 29, 2014  Securus ... criminal justice technology solutions for public safety, ... it has deployed exciting enhancements to its ... analytics to provide actionable intelligence and focused ... continues to drive technological innovation through identifying ...
Breaking Biology News(10 mins):Together we are strong -- or insufferable 2Together we are strong -- or insufferable 3Together we are strong -- or insufferable 4Securus Technologies Adds Advanced Features to Its Industry-Leading Investigative Analytics Product 2
... Could our mother,s diet at the time we are conceived ... is at the heart of a new study based on ... We inherit our DNA the genetic blueprint that ... DNA from our mothers and 50% from our fathers. Apart ...
... responsible for some of the worst air quality conditions worldwide ... changes in land use and population density, according to a ... Field of the University of Toronto. "During the late ... fire-prone during drought years, marking the period when one of ...
... BEVERLY, Mass., Feb. 17 LocatePLUS Holdings ... business-to-government provider of investigative, identity validation, and ... 26, 2009 election of an entirely independent ... independent Board through the consent of a ...
Cached Biology News:'Experiment of nature' examines how mother's diet may impact on child's health 2'Experiment of nature' examines how mother's diet may impact on child's health 3Atmospheric scientists trace the human role in Indonesian forest fires 2LocatePLUS Announces Election of Independent Board 2LocatePLUS Announces Election of Independent Board 3LocatePLUS Announces Election of Independent Board 4
(Date:10/30/2014)... San Diego, CA (PRWEB) October 30, 2014 ... company announced today that they have manually curated public ... Pharma and non profit customers. the data is ... BioSciences manually curates and unifies public and internal data ... more value and knowledge out of the data that ...
(Date:10/30/2014)... Erlanger, Kentucky (PRWEB) October 30, 2014 Avure ... of the 525L, the newest member of its fleet of ... to be reaching an anniversary as we return to PackExpo ... a year ago in Las Vegas,” said Jeff Williams, CEO ... extremely well, and we’re pleased to be meeting the challenges ...
(Date:10/30/2014)... , Oct. 30, 2014  Regado Biosciences, Inc. (Nasdaq: ... hold a conference call and live audio webcast on ... discuss its third quarter 2014 financial results. ... by dialing (888) 347-1165 for domestic callers or (412) ... webcast live under the investor relations section of the ...
(Date:10/27/2014)... 2014 The new research report, ... & Medium), Sub-type (Primary & Secondary), and End-User ... Transportation & Power Generation) - Trends and Forecasts ... with analysis and forecasting of the market size. ... with 52 Figures spread through 146 Pages and ...
Breaking Biology Technology:Rancho BioSciences Manually Curated TCGA Data Sets Available 2In High Demand: New High Pressure Processing (HPP) System with Maximum Throughput Drives Strong Sales 2In High Demand: New High Pressure Processing (HPP) System with Maximum Throughput Drives Strong Sales 3Regado Biosciences to Provide Third Quarter 2014 Financial Results 2Gas Insulated Switchgear Market worth $21,951.9 Million by 2019 - New Report by MarketsandMarkets 2Gas Insulated Switchgear Market worth $21,951.9 Million by 2019 - New Report by MarketsandMarkets 3Gas Insulated Switchgear Market worth $21,951.9 Million by 2019 - New Report by MarketsandMarkets 4
... Strategic Marketing ... Expertise, ... today announced that it has appointed David P.,Pauluzzi to its Board ... Partners, a Chicago-based private equity firm,specializing in the healthcare sector., ...
... DRRX ) announced today financial results for the ... were $6.6 million for the,three months ended December 31, ... 2006. Net loss for the three months ended December ... of $9.8 million for the same period in,2006., ...
... 5 Physicians Reference,Laboratory ("PRL") announced today that it ... date. Under the marketed,name COMPLeTe Care HPV, the test ... risk types of HPV which can lead to,cervical cancer., ... form of female,cancer with an incidence of over 500,000 ...
Cached Biology Technology:Transgenomic Appoints David Pauluzzi to Board of Directors 2Transgenomic Appoints David Pauluzzi to Board of Directors 3DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 2DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 3DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 4DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 5DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 6DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 7DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 8DURECT Corporation Announces Fourth Quarter and Year End 2007 Financial Results 9Physicians Reference Laboratory Announces New Diagnostic for Women's Health 2
... Application: Pyronin Y is most ... green to selectively and differentially stain ... In a dichromatic dye solution, Pyronin ... green stains DNA green. ...
... cassette is designed to allow ... The prokaryotic promoter gb2 driving the ... slightly modified version of the Em7 ... than the generally used Tn5 promoter. ...
... AMPure is a magnetic bead-based ... no sample transfer, centrifugation or ... small and large PCR extension ... microplates. Agencourt AMPure can easily ...
... a magnetic bead-based PCR purification ... transfer, centrifugation or filtration steps. ... large PCR extension products in ... AMPure can easily be performed ...
Biology Products: