SafeNet Announces Fourth Quarter and Full Year 2006 Preliminary Financial Results Date - Company Reaffirms Previous Financial Gu
January 30 2007 - 8:00AM
Business Wire
SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information
security, will release and discuss its fourth quarter and full year
2006 financial results on February 27, 2007. The conference call is
scheduled for 5:00 pm ET. Management is reiterating its previously
disclosed financial guidance. This guidance includes revenues from
product shipments and services: Q4 2006: $78 million to $82 million
FY 2006: $288 million to $292 million Q1 2007: $67 million to $70
million FY 2007: $318 million to $326 million This guidance
excludes the impact of the revenue restatements disclosed on
January 9, 2007. �While we haven�t closed the books, it is looking
like we will finish 2006 in a strong position. At the same time, we
are encouraged by the growth in pipeline and backlog. These are
trendlines SafeNet has not experienced in some time,� said Walter
Straub, Chairman and Interim CEO. �As such, we have reason to have
further confidence in our business. These growth trends are
particularly encouraging in light of the fact that they have
occurred alongside strong revenue performance in the midst of the
restatement process.� To join SafeNet in the conference call, dial
1-800-510-9836 and use passcode 39835519 within the United States.
If you are calling from outside the U.S., please dial
1-617-614-3670 and use the same passcode. The conference call will
also be available via live webcast on SafeNet's Investor Relations
Web site at www.safenetinvestor.com. A replay of the conference
call will be immediately available via webcast on SafeNet's
Investor Relations site. About SafeNet, Inc. SafeNet (NASDAQ: SFNT)
is a global leader in information security. Founded more than 20
years ago, the company provides complete security utilizing its
encryption technologies to protect communications, intellectual
property and digital identities, and offers a full spectrum of
products including hardware, software, and chips. UBS, Nokia,
Fujitsu, Hitachi, ARM, Bank of America, NetGear, the Departments of
Defense and Homeland Security, Adobe, Samsung, Texas Instruments,
the U.S. Internal Revenue Service and scores of other customers
entrust their security needs to SafeNet. For more information,
visit www.safenet-inc.com. "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995 The statements
contained in this release, which are not historical facts, are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These statements are subject to uncertainties that
could cause actual results to differ materially from those set
forth in or implied by forward-looking statements. Important
factors that could cause actual results to differ materially are
included but are not limited to those listed in Eracom technologies
AG and SafeNet's periodic reports and registration statements filed
with the Securities and Exchange Commission and neither company
assumes any obligation to update information concerning its
expectations. Editor�s Note: SafeNet is a registered trademark of
SafeNet, Inc. All other trademarks are the property of their
respective owners.
Safenet (NASDAQ:SFNT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Safenet (NASDAQ:SFNT)
Historical Stock Chart
From Sep 2023 to Sep 2024