Malware maelstrom boosts SurfControl sales

Tuesday, 1 February 2005, 3:26 PM EST

Shares in UK-based censorware outfit SurfControl rose more than three per cent this morning with the release of healthy quarterly earnings results.

For the quarter to 31 December 2004 (Q2 2005), SurfControl sales reached $24.7m (£13.1m) up 17 per cent from $21.2m in Q204. Revenues for the half year to December 31, 2004 increased 15 per cent to $47.1m (£25m) compared to $40.8m for 1H04. But profits before tax were down 29 per cent for Q205 to $2.9m as a result of one-off charges for the recent acquisition of Chinese security firm SecureM.

By John Leyden at The Register.

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