TMICF - Trend Micro ADR reports Q2 results; reaffirms FY23 guidance
2023-08-08 05:21:51 ET
- Trend Micro press release ( OTCPK:TMICY ): Q2 net income attributable to owners of the parent of $39 million for the quarter.
- Increase of 23% in enterprise annual recurring revenue totaling more than$722 million.
- Increase of 8% to 436,000 active subscription customers.
- Increase of 22% year-over-year totaling over 71 million+ enterprise assets protected.
- Revenue of $442M beats by $6.99M , an increase of 11% net sales growth at actual currency across all regions and product segments.
- The company will not revise expected consolidated results for the full fiscal year ending December 31, 2023 (released on February 16, 2023). Based on information currently available to the company, consolidated net sales for the year ending December 31, 2023 is expected to be $1,840 million, based on an exchange rate of 135 JPY = 1 USD). Operating income and net income are expected to be $257 million and $185 millio), respectively.
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Trend Micro ADR reports Q2 results; reaffirms FY23 guidance