Vasco Data Security (VDSI) Issues Mixed Prelim. Q3 Results; Revises FY16 Guidance
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VASCO Announces Preliminary Third Quarter 2016 Financial Results
October 18, 2016 4:05 PM EDTOAKBROOK TERRACE, Ill. and ZURICH, Switzerland, Oct. 18, 2016 (GLOBE NEWSWIRE) -- VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, today announced preliminary results for the third quarter ended September 30, 2016.
Based on preliminary financial information, VASCO expects to report the following for the third quarter of 2016:
Total revenue in the range of $42 million to $44 million, GAAP net income from continuing operations of $0.00 to $0.02 per fully diluted share; andNon-GAAP net income from continuing operations1 of $0.07 to $0.09 per fully diluted share (Non-GAAP... More