Trend
Micro Incorporated (TYO: 4704; TSE:
4704), a global leader in security
software and solutions, announced earnings results for the first quarter
2015, ending March 31, 2015.
For the first quarter, Trend Micro posted consolidated net sales of
29,893 million Yen (or US $250 million, 119.17 JPY = 1USD). The company
posted operating income of 7,670 million Yen (or US $64 million) and net
income of 5,505 million Yen (or US $46 million) for the quarter.
As of now, the company will not revise consolidated results for the full
fiscal year ending December 31, 2015 (released on February 18, 2015).
Based on information currently available to the company, consolidated
net sales for the year ending December 31, 2015 is expected to be
123,100 million Yen (or US $1,043 million, based on an exchange rate of
118 JPY = 1 USD). Operating income and net income are expected to be
34,200 million Yen (or US $289 million) and 22,600 million Yen (or US
$191 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.
“The first quarter of 2015 reinforces the importance of a comprehensive
cybersecurity strategy for companies and individuals alike,” said Eva
Chen, CEO, Trend Micro. “With the increased volume of destructive
targeted attacks and greater access to growing sophisticated malware,
it’s clear that criminals are targeting every industry. The need to
anticipate and be prepared to face new security challenges is essential.
Trend Micro seeks to be a partner to help face this reality, and our
ongoing innovation and industry achievements positions us well to
address a new era of cyber threats.”
Q1 2015 Business Highlights
Trend Micro announced its “Leader” position by Gartner, Inc. in the Magic
Quadrant for Endpoint Protection Platforms, a position it has held
for the past 13 years. The company improved its position this year
through its performance in both the ‘completeness of vision’ and
‘ability to execute’ categories.
Additionally, Trend Micro announced a $10,000 donation to the Mission
College Center for Innovation and Technology (MC²IT).
The grant will provide resources and expertise to advise and help
enhance cybersecurity course curriculum. As the security and privacy
industry continues to expand and evolve, Trend Micro is committed to
encouraging students to enter the cybersecurity field while empowering
them with the core competency to do so.
Researchers at Trend Micro discovered
a new zero-day critical vulnerability (CVE-2015-0313) affecting all
versions of Adobe Flash Player on Microsoft Windows and Apple Mac OSX.
The vulnerability allowed active attacks to penetrate Microsoft Windows
systems through malicious advertisements or “malvertisements.” This
vulnerability was confirmed by Adobe and the two companies collaborated
to have a patch in place.
The 2014 and 2015 versions of Trend Micro Internet Security were awarded
“Best Protection” at the annual AV-TEST Institute award ceremony in
Dresden, Germany. Awarded to the most effective cybersecurity products,
Trend Micro Internet Security was recognized for its ability to
successfully protect against malware.
Partha Panda, Trend Micro’s vice president of global channels and
alliances, was named to CRN’s prestigious list of 2015
Channel Chiefs. The influential executives on this annual list
represent the most powerful leaders in the IT channel who hold direct
responsibility for driving growth and revenue for their organizations
through their indirect channel partners. Individuals are selected for
inclusion based on their track record of channel accomplishments,
industry standing, dedication to the partner community, and plans for
driving future business innovation and channel growth.
Trend Micro was awarded
a Five-Star rating in The Channel Company’s CRN®
2015 Partner Programs Guide. This annual directory is the definitive
listing of technology vendors that service solution providers or deliver
products through the IT channel. The Five-Star Partner Program rating
recognizes an elite subset of companies that offer solution providers
the best partnering elements in their channel programs.
Q1 2015 Awards and Recognitions
Trend Micro Internet Security was awarded “Best Protection” by the
AV-Test Institute.
Trend Micro Worry-Free Business Security Services received Four Stars
from PC Pro.
Partha Panda was recognized as a 2015 CRN Channel Chief.
Simply Security was rated the #1 in Best Cloud Security Blogs in 2015 by
GETVOiP.
Trend Micro was awarded a Five-Star rating in the CRN 2015
Partner Programs Guide.
Patents
Trend Micro was awarded the following patents in Q1 2015:
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8935788
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01/13/2015
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Use of Combined Machine Learning Technologies to Detect Virus with
High Efficiency
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8938611
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01/20/2015
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Enterprise Cloud Security Gateway
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8938807
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01/20/2015
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Malware Removal Without Virus Pattern
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8943593
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01/27/2015
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Dynamic Provisioning of Protection Software in a Host Intrusion
Prevention System
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8949990
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02/03/2015
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A Method to Detect and Collect XSS Vulnerable URLs
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8949978
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02/03/2015
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Efficient Web Threat Protection
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8949588
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02/03/2015
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Mobile Telephone as Bootstrap Device
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8954004
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02/10/2015
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Systems and Methods for Accessing Websites Using Smartphones
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8966632
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02/24/2015
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In-the-Cloud Sandbox for Inspecting Mobile Applications for
Malicious Content
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8990937
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03/24/2015
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Method and System for Regulating Host Security Configuration
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Notice Regarding Forward-Looking Statements
Certain statements that are made in this release are forward-looking
statements. These forward-looking statements are based on 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 actual results to differ materially
from those expressed in forward-looking statements. These factors
include:
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Difficulties in addressing new virus and other computer security
problems
-
Timing of new product introductions and lack of market acceptance for
new products
-
The level of continuing demand for, and timing of sales of, existing
products
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Rapid technological change within the antivirus software industry
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Changes in customer needs for antivirus software
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Existing products and new product introductions by competitors and
pricing of those products
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Declining prices for products and services
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The effect of future acquisitions on our financial condition and
results of operations
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The effect of adverse economic trends on principal markets
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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
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Difficulties in successfully executing our investment strategy
About Trend Micro
Trend Micro Incorporated, a global leader in security software, strives
to make the world safe for exchanging digital information. Built on 26
years of experience, our solutions for consumers, businesses and
governments provide layered data security to protect information on mobile
devices, endpoints,
gateways,
servers
and the cloud.
Trend Micro enables the smart protection of information, with innovative
security technology that is simple to deploy and manage, and fits an
evolving ecosystem. All of our solutions are powered by cloud-based global
threat intelligence, the Trend Micro™ Smart Protection Network™
infrastructure, and are supported by more than 1,200 threat experts
around the globe. For more information, visit TrendMicro.com.
All product and company names herein may be trademarks of their
registered owners.
Copyright Business Wire 2015