VASCO Data Security International (VDSI) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.14 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.12. The company posted revenue of $46.80 million in the period, compared to analysts expectations of $43.00 million. The company’s revenue was down -28.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.
Many Wall Street Analysts have commented on VASCO Data Security International. Shares were Reiterated by Dougherty & Company on Feb 17, 2016 to “Buy” and Lowered the Price Target to $ 21 from a previous price target of $30 .
VASCO Data Security International opened for trading at $17.35 and hit $17.66 on the upside on Wednesday, eventually ending the session at $17.5, with a gain of 0.75% or 0.13 points. The heightened volatility saw the trading volume jump to 2,81,712 shares. Company has a market cap of $702 M.
In a different news, on Jun 11, 2015, John Nelson Jr Fox (director) sold 6,893 shares at $30.00 per share price. According to the SEC, on May 8, 2015, Clifford K Bown (Executive VP and CFO) sold 231,350 shares at $24.42 per share price. On May 5, 2015, Jan E C Valcke (President and COO) sold 120,000 shares at $25.96 per share price, according to the Form-4 filing with the securities and exchange commission.
VASCO Data Security International Inc. (VASCO) is an IT security company. The Company through its operating subsidiaries designs develops and markets security solutions that secure and manage access to digital assets and protect transactions. Its products enable secure financial transactions over private enterprise networks and public networks such as the Internet. The Company’s user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES) many of which incorporate an electronic and digital signature capability which further protects the integrity of electronic transactions and data transmissions. VASCO’s primary product and service lines include three categories of solutions: Host System products which is typically a component of an organization’s IT infrastructure; Client Authenticators which are devices used by end users for authentication and Developer Tools which are used by application developers.