Vasco Data Security International Reports 62% Decline In Q2 Profit

(RTTNews) - Vasco Data Security International (VDSI) reported earnings for second quarter that fell from last year.

The company said its profit totaled $6.07 million, or $0.15 per share. This was down from $15.87 million, or $0.40 per share, in last year's second quarter.

The company said revenue for the quarter fell 17.0% to $54.29 million. This was down from $65.39 million last year.

Vasco Data Security International earnings at a glance:

-Earnings (Q2): $6.07 Mln. vs. $15.87 Mln. last year. -Earnings Decline (Y-o-Y): -61.8% -EPS (Q2): $0.15 vs. $0.40 last year. -EPS Decline (Y-o-Y): -62.5% -Revenue (Q2): $54.29 Mln vs. $65.39 Mln last year. -Revenue Change (Y-o-Y): -17.0%

-Guidance: Full year revenue guidance: $205 - $215 Mln