SurfControl hits trough

Tuesday, 6 September 2005, 5:14 PM EST

Shares in UK-based censorware outfit SurfControl slipped 12 per cent this morning after the firm's annual results came in at the bottom end of expectations.

For the year ending to 30 June 2005 (FY2005), SurfControl sales reached $97.8m (£53m) up 12 per cent from $87.3m in FY04 and narrowly meeting anticipated revenues of between $97m and $102m for 2005. Revenues for the quarter to 30 June increased seven per cent to $27.61m (£15m) compared to $24.5m for Q404.

By John Leyden at The Register.

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