Websense Beats Forecasts

At the end of the third quarter, Websense reported total deferred revenue at the end of $219.3 million. Combined third quarter net billings for Websense and SurfControl were $79.1 million.

For the fourth quarter, Websense expects revenue, excluding charges, in the range of $76 million to $79 million. Net billings for the quarter is expected to range from $92 million to $95 million.

Analysts polled by Thomson Financial are expecting revenue of $65.88 million including all charges.

Excluding charges, it guided earnings in the range of 20 cents to 23 cents a share, lower than analysts' estimates of 24 cents a share.

For fiscal 2008, Websense said it expects revenue, including all charges, in the range of $305 million to $320 million. The company guided earnings in the range of $1.10 to $1.17 a share. Analysts polled by Thomson Financial are expecting earnings of $1.18 a share.

Net billings for the fiscal year is expected to range from $330 million to $345 million.