The company posted $83.2 million in revenue for its fourth-quarter ended Dec. 31, up from $70.7 million reported in the year-ago period.
RSA Security Inc., a provider of information security hardware and software, on Thursday reported record revenue for the fourth quarter and the year.
The company posted $83.2 million in revenue for its fourth-quarter ended Dec. 31, up from $70.7 million reported in the year-ago period. Net income for the quarter was $11.8 million, up 90% from $6.2 million reported the year earlier.
RSA's annual net income surged from $14.8 million in fiscal 2003 to $35 million in 2004. Revenue rose from $259.9 million in 2003 to $307.5 million in 2004.
During a conference call with investors early Thursday, Art Coviello, RSA's president and CEO, cited strong growth in the company's ClearTrust identity-management application and good sales of its security tokens.
For the first of quarter 2005, RSA estimates revenue from $81 million to $84 million.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.