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Vasco Reports Record Q2 Earnings
Vasco Data Security International reported financial results for the second quarter and six-months ended June 30, 2007
July 26, 2007
1 Min Read
OAKBROOK TERRACE, Ill. and ZURICH -- VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com) today reported financial results for the second quarter and six-months ended June 30, 2007.
Revenues for the second quarter of 2007 increased 75% to $32.4 million from$18.5 million for the second quarter in 2006 and, for the first six months of 2007, increased 83% to $58.8 million from $32.2 million for the first six months in 2006.
Net income for the second quarter of 2007 was $6.9 million or $0.18 per diluted share, an increase of $3.8 million or 126% from $3.0 million, or$0.08 per diluted share for the comparable period in 2006. Net income for the first six months of 2007 was $11.8 million or $0.31 per diluted share, an increase of $7.6 million or 181% from $4.2 million, or $0.11 per diluted share for the comparable period in 2006.
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