Sourcefire, Inc. (FIRE)
Citi Technology Conference Call
September 04, 2012, 09:45 am ET
number of years in Europe, it always take time. There is always some level of lumpiness that comes with that sort of period. But we’re reaching a point of maturity right now in that part of the business and I add to that sort of the macro opportunity in securities, the maturity of our business, the time and territory and echo Marty's point, we're seeing quite the opposite. It is very, very strong for us today.
Okay good deal. And then if I look over the last say four, five quarters your growth rate has accelerated you know 35 plus percent I think traditionally kind of more of a 20s growth rate. Maybe you can just walk people through what you see as the drivers in the last four five quarters that's enabled that growth rate to go higher.
Unidentified Company Representative
Well we have a number of drivers since (inaudible) right now. First of, we ever knew FirePOWER platform I guess, it is not officially new anymore. It is been in market for about as long as we've seen this increased growth.
So that's certainly a driver. The FirePOWER platform is really one of the top performing security platforms out there, that allows you to -- you know really bring together some powerful security technology on a device that will scale with your business, we can scale it up, we can scale it down.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts