This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Guidance Software Reports 2012 Third Quarter Financial Results

Stocks in this article: GUID

Guidance Software, Inc. (NASDAQ: GUID) today reported financial results for the quarter ended September 30, 2012.

Third quarter 2012 financial highlights, determined in accordance with GAAP include:

  • GAAP Revenue of $36.1 million and non-GAAP revenue of $36.6 million, compared to GAAP and non-GAAP revenue of $27.3 million in the third quarter of 2011
  • GAAP SaaS revenues of $2.6 million and non-GAAP SaaS revenue of $3.0 million.
  • Product revenue of $17.4 million, an increase of $2.6 million, or 17 percent, from $14.8 million in the third quarter of 2011
  • Services and maintenance revenue of $16.1 million, an increase of $3.7 million, or 29 percent, from $12.4 million in the third quarter of 2011
  • GAAP net income of $1.3 million, or $0.05 per share, compared to a GAAP net income of $0.5 million, or $0.02 per share, in the third quarter of 2011

On a non-GAAP basis, which excludes share-based compensation, acquisition-related expense and amortization of intangibles, the company reported pre-tax net income of $4.1 million, or $0.15 per share, in the third quarter of 2012, compared to non-GAAP pre-tax net income of $2.1 million, or $0.09 per share, in the third quarter of 2011.

“The third quarter marked another period of strong growth for Guidance Software, with revenues increasing by more than 30% year-over-year,” said Victor Limongelli, President and Chief Executive Officer of Guidance Software. “The federal sector performed well in the third quarter across the board in e-discovery, cybersecurity and forensics. We are also excited about the recent announcement of EnCase eDiscovery Version 5, which delivers seamless integration with our CaseCentral cloud review platform and provides in-house counsel with control and oversight of every phase of the electronic discovery process. Looking ahead, we will continue to innovate in the forensics, e-discovery and cybersecurity spaces and remain focused on delivering additional value to our customers and shareholders.”

1 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs