reported third-quarter earnings that beat analysts' expectations.
Excluding noncash interest expenses, amortization costs and compensation charges related to employee stock options, Network Associates earned 27 cents a share for the quarter ended Sept. 30. Analysts expected the company to earn 24 cents a share for the quarter, according to a
First Call/Thomson Financial
survey of 12 analysts. On a comparable basis, the company earned 13 cents a share in the year-ago period.
Without Macafee.com, revenue for the quarter totaled $226.2 million, compared with $188.4 million in the year-ago period. Consolidated revenue, including McAfee.com, rose to $238.7 million from $195.2 million.