VASCO Data Security International (VDSI) Releases Earnings Results, Misses Expectations By $-0.02 EPS

VASCO Data Security International (VDSI) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.15 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.17. The company posted revenue of $54.30 million in the period, compared to analysts expectations of $51.20 million. The company’s revenue was down -17.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

VASCO Data Security International closed down -0.2 points or -1.14% at $17.31 with 4,17,530 shares getting traded on Thursday. Post opening the session at $17.54, the shares hit an intraday low of $17.25 and an intraday high of $17.74 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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.

VASCO Data Security International

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