RSA Security Expects to Exceed Fourth Quarter Revenue and EPS Guidance
January 08 2004 - 8:30AM
PR Newswire (US)
RSA Security Expects to Exceed Fourth Quarter Revenue and EPS
Guidance Company Announces Date of Fourth-Quarter and Fiscal Year
2003 Financial Results Release, Conference Call and Webcast
BEDFORD, Mass., Jan. 8 /PRNewswire-FirstCall/ -- RSA Security Inc.
today announced preliminary results for the fourth quarter of 2003.
The Company had previously provided guidance for total revenue in
the range of $63 million to $67 million and diluted earnings per
share in the range of $0.04 to $0.07. RSA Security now expects to
report: -- Total revenue of $69 to $70 million -- Diluted earnings
per share of $0.09 to $0.10 "Demand for our products was strong
throughout the quarter and increased during the month of December.
As a result, we have additional backlog and increased deferred
revenue, giving us good momentum heading into the first quarter of
2004, which is traditionally a seasonally slower quarter," stated
RSA Security President and Chief Executive Officer Art Coviello.
"We are particularly pleased with our authentication product line
which achieved another record quarter." Fourth Quarter Financial
Results Conference Call RSA Security Inc. will announce its
fourth-quarter and fiscal year 2003 results and provide its
financial guidance for the first quarter of 2004 after the U.S.
financial markets close on Thursday, January 29, 2004. In
conjunction with this announcement, RSA Security will host a
conference call on January 29, 2004, at 4:30 p.m. (EST). To access
this call, dial (800) 406- 5356 or (913) 981-5572. A replay of this
conference call will be available through midnight on Wednesday,
February 4 at (888) 203-1112 or (719) 457-0820. Both live and
replay numbers have a pass code of 727319. In addition, a live
webcast of this conference call will be available on the "Investor"
page of the Company's web site. A replay of this webcast will be
available for approximately three months. About RSA Security Inc.
With more than 13,000 customers around the globe, RSA Security
provides interoperable solutions for establishing online
identities, access rights and privileges for people, applications
and devices. Built to work seamlessly and transparently in complex
environments, the Company's comprehensive portfolio of identity and
access management solutions -- including authentication, Web access
management and developer solutions -- is designed to allow
customers to confidently exploit new technologies for competitive
advantage. RSA Security's strong reputation is built on its history
of ingenuity and leadership, proven technologies and long-standing
relationships with more than 1,000 technology partners. For more
information, please visit http://www.rsasecurity.com/. RSA and The
Most Trusted Name in e-Security are either registered trademarks or
trademarks of RSA Security Inc. in the United States and/or other
countries. All other products and services mentioned are trademarks
of their respective companies. Press contact: Financial contact:
Tim Powers Stacey Fitzgerald RSA Security Inc. RSA Security Inc.
(781) 515-6212 (781) 515-6021 DATASOURCE: RSA Security Inc.
CONTACT: Press, Tim Powers, +1-781-515-6212, , or Financial, Stacey
Fitzgerald, +1-781-515-6021, both of RSA Security Inc. Web site:
http://www.rsasecurity.com/
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