Internet Security Systems Beats Estimates

For the current second quarter, ISS expects to earn 13 cents to 15 cents a share. It forecast its non-GAAP net income in the range of 21 cents to 23 cents a share.

Revenue for the second quarter will be between $84 million and $87 million.

That's on target with Thomson First Call analysts' forecast of an EPS of 22 cents on revenue of $85.9 million.

For the full year, ISS said revenue would range from $358 million to $368 million. Net income for the full year is forecast between 66 cents and 72 cents a share. Non-GAAP EPS will range from 94 cents to $1.

Analysts were expecting earnings before items of 97 cents a share on revenue of $357.8 million.

In after-hours trading, shares were up by a penny to $21.52. The stock closed the regular session of trading down 3 cents to $21.51.