RSA sees turnover increase
Firm claims Q1 was a "record" quarter
Security giant RSA has seen turnover increase by 16 per cent for its first quarter results ended 31 March.
Turnover for the quarter stood at $87.5m, up from $75.6m in Q1 2005. Profit in accordance with Generally Accepted Accounting Principles (GAAP) for the quarter was $5.3m.
Art Coviello, chief executive of RSA Security said: “"The first quarter of 2006 was a record quarter for RSA Security. In addition to generating the highest ever quarterly revenue in the Company's history, we had our best ever first quarter in terms of bookings.
“We built on our strong fourth quarter results in the enterprise and consumer businesses and we generated significant traction from the successful integration of the Cyota acquisition. With increasing awareness and global regulation driving the continued adoption of strong authentication, I am excited about our prospects for
the year to come."