Welcome!

News Feed Item

Trend Micro Reports Second Quarter 2014 Results

TOKYO, Aug. 13, 2014 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in security software and solutions, announced earnings results for the second quarter 2014, ending June 30, 2014.

For the second quarter, Trend Micro posted consolidated net sales of 27,807 million Yen (or US $272 million, 102.16 JPY = 1 USD). The company posted operating income of 7,119 million Yen (or US $69 million) and net income of 4,726 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, 2014 (released on February 18, 2014). Based on information currently available to the company, consolidated net sales for the year ending December 31, 2014 is expected to be 112,000 million Yen (or US $1,120 million, based on an exchange rate of 100 JPY = 1 USD). Operating income and net income are expected to be 30,100 million Yen (or US $301 million) and 19,100 million Yen (or US $191 million), respectively.

"Our industry leadership in commercial solutions is reinforced this quarter  with a top score for breach detection from NSS Labs, as well as the highest overall score for corporate endpoint solutions from AV-Test," said Eva Chen, CEO, Trend Micro. "Our commercial business continues to grow with enhancements to offerings for Microsoft and VMware, and the rollout of a global partner program that will help boost sales efforts to capitalize on these announcements. Trend Micro also demonstrated innovative leadership in response to Heartbleed, and our Facebook partnership has produced a security solution now leveraged by billions of users."

Q2 2014 Business Highlights

Our Trend Micro™ Deep Discovery™ 3.5 solution earned the top score for overall breach detection rate in NSS Labs' Breach Detection Systems (BDS) Group Test. The NSS Security Value Map™ and Comparative Analysis reports evaluated threat detection appliances from six global security companies. Trend Micro also had the second lowest cost of ownership among the field.

In order to help companies transition to the cloud without compromising security, Trend Micro developed major enhancements to the Trend Micro Complete User Protection solution. Updates span PC and mobile endpoints, email and collaboration and Web security to enable integrated visibility and threat response. With mix-and-match support for cloud, hybrid and on-premise deployments, the solution updates are ideal for enterprises and mid-size businesses moving to the cloud.

In response to the Heartbleed bug that affected security features on websites worldwide, Trend Micro announced the release of two free Heartbleed scanners for computers and mobile devices designed to verify whether they are communicating with servers that have been compromised by the Heartbleed bug.

Trend Micro announced enhancements to its Trend Micro™ Worry-Free™ Business Security solution with version 9.0 that equips small businesses with enterprise-grade security capabilities which address and mitigate threats across endpoints, from desktops to mobile. The offering is the only widely available small business solution in the market that provides comprehensive user protection with integrated mobile device security with the option of cloud management.

In AV-Test's endurance evaluation of corporate endpoint solutions, Trend Micro™ OfficeScan™ solution received the highest overall score. The six-month assessment reviewed a field of eight security solutions for small- and medium-sized companies. OfficeScan scored No. 1 overall across the three most important categories to IT Security organizations including protection, performance and usability, earning 17.2 points out of a maximum score of 18. Trend Micro's product also earned the highest score in the performance category.

Trend Micro expanded its strategic relationship with Microsoft Corp to provide organizations with additional security for the Microsoft™ Cloud. This arrangement will help Microsoft users fulfill their security obligations for applications such as SharePoint™ and platforms including Microsoft™ Azure™ and Windows Server™ 2012. In addition to the secure infrastructure that Microsoft already provides, Trend Micro will deliver capabilities for securing cloud and hybrid architectures, offering centralized management and comprehensive protection for data, applications and operating systems.

In order to provide Facebook users with a more secure online experience, Trend Micro announced it expanded its partnership with Facebook to include the Trend Micro™ HouseCall™ solution, a royalty-free security solution that helps detect malware and keep devices secure, for Facebook's more than 1 billion users.

Trend Micro announced a collaboration with Broadcom Corporation to develop an integrated security solution. The solution is optimized to protect home security networks from cyber threats and improve network visibility without compromising performance.

As a long-time VMware security partner, Trend Micro announced a solution for VMware's vCloud® Hybrid Service™ that enables customers to seamlessly move their on-premise or private cloud deployment to the public cloud. Trend Micro™ Deep Security™ solution is designed to reduce cost and complexity and features a comprehensive platform for security controls and policies managed across physical, virtual and cloud environments.

Trend Micro launched its Global Partner Program, designed to further enhance the productivity and profitability of its more than 50,000 channel partners. The program combines the best elements from its regional and award-winning North American programs and enables channel partners to more quickly and fully capitalize on the growing market for Trend Micro security solutions.

Awards and Recognitions for Q2 2014

At the World Media Festival, Trend Micro earned three "2014 intermedia-globe" awards for the company's 2020 video series, including:

  • Gold Award in the category of Web: Business to Consumer
  • Grand Award in the category of Web & Web TV
  • Grand Prix

Patents

Trend Micro was awarded the following patents in Q2 2014:

Patent

8699796

Use of decision trees or neural networks to identify phrases in images for eastern Asian languages with large char-sets

Patent

8700913

Detection of fake antivirus in computers

Patent

8707437

Techniques for detecting keyloggers in computer systems

Patent

8707417

Driver domain as security monitor in virtualization environment

Patent

8713312

Method for detecting and preventing data modification across kernel of the operating system and user mode spaces

Patent

8725751

Method and apparatus for blocking or blurring unwanted images

Patent

8739283

Automatic generation of malware clean pattern

Patent

8739152

Method and system for version independent software release management

Patent

8763125

Disabling execution of malware having a self-defense mechanism

Patent

8762295

Methods and system for determining licensing/billing fees for computer security software

Patent

8762712

Methods and system for person-to-person secure file transfer

Patent

8763085

Managed virtual machine clone and rollback detection

 

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:

  • 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
  • Rapid technological change within the antivirus software industry
  • Changes in customer needs for antivirus software
  • Existing products and new product introductions by competitors and 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 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, a global leader in security software, strives to make the world safe for exchanging digital information. Built on 25 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 over 1,200 threat experts around the globe.  For more information, visit TrendMicro.com.

Copyright © 2014 Trend Micro Incorporated. All rights reserved. Trend Micro, the Trend micro t-ball logo, Smart Protection Network and Worry-Free are trademarks or registered trademarks of Trend Micro Incorporated. All other company and/or product names may be trademarks or registered trademarks of their owners.

Contact: Investor Relations
Tel: +81-3-5334-4899
[email protected]

SOURCE Trend Micro Incorporated

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
CIOs and those charged with running IT Operations are challenged to deliver secure, audited, and reliable compute environments for the applications and data for the business. Behind the scenes these tasks are often accomplished by following onerous time-consuming processes and often the management of these environments and processes will be outsourced to multiple IT service providers. In addition, the division of work is often siloed into traditional "towers" that are not well integrated for cro...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...