RSA Security Up About 17% in Early Afternoon on Secure Outlook - TheStreet

RSA Security

(RSAS)

was up 17.1% in early afternoon after saying it expects to post third-quarter revenue of about $72 million, a 29% rise over the same period last year. The computer security company said it expects third-quarter earnings of 24 cents per share, up from 18 cents in the year-ago period and just above the Street's estimate of 23 cents. The company also said it would repurchase up to an additional 4 million shares of its common stock over the next year.