Vasco Data Security International (VDSI) late Tuesday reported higher profit and sales, but maintained its full-year sales guidance that falls short of Wall Street’s estimate. The cybersecurity company’s Q2 earnings more than doubled to 35 cents a share minus one-time items, beating estimates for 28 cents. Revenue grew 37% to $65.4 million, just above views for $64.7 million. Vasco Data continues to see full-year revenue of $230 million-$240
Earnings season has kicked into high gear, and a number of top-rated stocks such as Vasco Data Security (VDSI) and Facebook (FB) are due to report earnings this coming week. The computer-generated IBD 50 list of premier stocks is based on a combination of each company’s recent profit growth record, its IBD Composite Rating and its price performance over the last 12 months. Today’s IBD 50 list includes five top-rated tech-related stocks that are
Cybersecurity software firm Fortinet (FTNT) beat second-quarter earnings and sales estimates late Wednesday, and shares are surging in the stock market today. The beat is also lifting its cybersecurity peers: Palo Alto Networks (PANW), CyberArk Software (CYBR), Vasco Data Security (VDSI) and FireEye (FEYE). Fortinet gapped up 11.7% in huge volume to a new all-time high. Shares have gained 55% so far this year, finding support along the 50-day