VASCO Data Security Q4 Profit Climbs; Guides FY15 - Quick Facts

(RTTNews) - Vasco Data Security International, Inc. (VDSI) reported fourth-quarter 2014 net income from continuing operations of $11.0 million, or $0.28 per share, an increase of $7.7 million, or 233%, from $3.3 million, or $0.09 per share, last year. Including the impact of its discontinued operations, the company's net income totaled $11.9 million, or $0.30 per share for the quarter, versus the prior year's $3.2 million, or $0.08 per share.

Quarterly revenue from continuing operations rose 44% year-over-year to $62.4 million from $43.3 million in 2013.

Looking ahead, VASCO issued its full-year 2015 guidance, expecting revenue in the range of $220 million to $230 million, and operating income as a percentage of revenue, excluding the amortization of purchased intangible assets, to be in the range of 17% to 20%.