Vasco Data Security (VDSI) Tops Q1 EPS by 8c

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VASCO Reports Results for First Quarter 2016

April 28, 2016 4:07 PM EDT

OAKBROOK TERRACE, Ill. and ZURICH, April 28, 2016 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), today reported financial results for the first quarter ended March 31, 2016.

"We delivered a strong performance during the first quarter and made important progress in achieving our 2016 strategic initiatives of transitioning to a recurring revenue model, increasing our software business, and integrating our acquisition of Silanis, which we now present under the trade name eSignLive," stated T. Kendall Hunt, Chairman & CEO. "Q1 2015 included significant revenue from the largest deal in VASCO's history making year-over-year comparisons... More