RSA Security Meets Estimates

The company also guides in line for the current quarter.
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RSA Security

(RSAS)

met Wall Street's fourth-quarter earnings and revenue targets on Monday, and it aims to do the same for the first quarter now under way.

The security software maker said Monday it posted net income of $11.7 million, or 16 cents a share, for the fourth quarter, compared with $11.8 million, or 16 cents a share, a year earlier. Earnings-per-share figures were in line with Thomson First Call consensus expectations.

RSA posted $81.7 million in revenue, down from last year's $83.2 million, but essentially meeting analysts' expectations of $81.3 million.

For the current first quarter, the company said it expects earnings before items of 12 cents to 16 cents a share, on revenue of $84 million to $88 million (which includes results from recently acquired Cyota).

Wall Street was expecting the company to earn 13 cents a share on revenue of $84.4 million.

Shares of RSA were off 71 cents, or 4.7%, to $14.35 in after-hours trading.