AMSTERDAM, July 7, 2016 /PRNewswire/ -- AVG
Technologies N.V. (NYSE: AVG) ("AVG" or the "Company"), the online
security company™ providing leading software and services to secure
devices, data and people, today reported preliminary revenue
results for the second quarter ended June
30, 2016.
For the second quarter, AVG is estimating revenue to be in the
range of $104 million to $106
million. The Company expects to disclose final
financial results, including revenue, for the second quarter ended
June 30, 2016 as soon as
practicable.
About AVG
AVG is the leading provider of software services to secure
devices, data and people. AVG's award-winning consumer portfolio
includes internet security, performance optimization, location
services, data controls and insights, and privacy and identity
protection, for mobile devices and desktops. The AVG Business
portfolio, delivered through a global partner network, provides
cloud security and remote monitoring and management solutions that
protect small and medium businesses around the world.
All trademarks are the property of their respective owners.
Press information: http://now.avg.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
SOME OF THE STATEMENTS CONTAINED HEREIN ARE FORWARD-LOOKING
STATEMENTS, INCLUDING STATEMENTS REGARDING REVENUE AND THE EXPECTED
CONSUMMATION OF THE ACQUISITION OF AVG REFERENCED BELOW, WHICH
INVOLVES A NUMBER OF RISKS AND UNCERTAINTIES, INCLUDING THE
SATISFACTION OF CLOSING CONDITIONS FOR THE ACQUISITION, SUCH AS
REGULATORY APPROVAL FOR THE TRANSACTION AND THE TENDER OF AT LEAST
95% OF THE OUTSTANDING ORDINARY SHARES OF AVG, THE POSSIBILITY THAT
THE TRANSACTION WILL NOT BE COMPLETED AND OTHER RISKS AND
UNCERTAINTIES DISCUSSED IN AVG'S PUBLIC FILINGS WITH THE U.S.
SECURITIES AND EXCHANGE COMMISSION, INCLUDING THE "RISK FACTORS"
SECTIONS OF AVG'S ANNUAL REPORT ON FORM 20-F FOR THE YEAR ENDED
DECEMBER 31, 2015, AS WELL AS THE
TENDER OFFER DOCUMENTS TO BE FILED BY AVAST HOLDING B.V. ("PARENT")
AND AVAST SOFTWARE B.V. ("BUYER") AND THE
SOLICITATION/RECOMMENDATION STATEMENT TO BE FILED BY AVG.
THESE STATEMENTS ARE BASED ON CURRENT EXPECTATIONS, ASSUMPTIONS,
ESTIMATES AND PROJECTIONS, AND INVOLVE KNOWN AND UNKNOWN RISKS,
UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE RESULTS, LEVELS OF
ACTIVITY, PERFORMANCE OR ACHIEVEMENTS TO BE MATERIALLY DIFFERENT
FROM ANY FUTURE STATEMENTS. THESE STATEMENTS ARE GENERALLY
IDENTIFIED BY WORDS OR PHRASES SUCH AS "BELIEVE", "ANTICIPATE",
"EXPECT", "INTEND", "PLAN", "WILL", "MAY", "SHOULD", "ESTIMATE",
"PREDICT", "POTENTIAL", "CONTINUE" OR THE NEGATIVE OF SUCH TERMS OR
OTHER SIMILAR EXPRESSIONS. IF UNDERLYING ASSUMPTIONS PROVE
INACCURATE OR UNKNOWN RISKS OR UNCERTAINTIES MATERIALIZE, ACTUAL
RESULTS AND THE TIMING OF EVENTS MAY DIFFER MATERIALLY FROM THE
RESULTS AND/OR TIMING DISCUSSED IN THE FORWARD-LOOKING STATEMENTS,
AND YOU SHOULD NOT PLACE UNDUE RELIANCE ON THESE STATEMENTS.
PARENT, BUYER AND AVG DISCLAIM ANY INTENT OR OBLIGATION TO UPDATE
ANY FORWARD-LOOKING STATEMENTS AS A RESULT OF DEVELOPMENTS
OCCURRING AFTER THE PERIOD COVERED BY THIS REPORT OR OTHERWISE.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
THE TENDER OFFER FOR THE OUTSTANDING ORDINARY SHARES OF AVG
CONTEMPLATED BY THE PURCHASE AGREEMENT, DATED AS OF JULY 6, 2016, AMONG PARENT, BUYER AND AVG HAS NOT
COMMENCED. THIS COMMUNICATION IS FOR INFORMATIONAL PURPOSES
ONLY AND DOES NOT CONSTITUTE AN OFFER TO PURCHASE OR A SOLICITATION
OF AN OFFER TO SELL AVG SHARES. THE SOLICITATION AND OFFER TO
BUY AVG SHARES WILL ONLY BE MADE PURSUANT TO AN OFFER TO PURCHASE
AND RELATED MATERIALS. AT THE TIME THE OFFER IS COMMENCED,
PARENT AND BUYER WILL FILE A TENDER OFFER STATEMENT ON SCHEDULE TO
WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION ("SEC") AND
THEREAFTER, AVG WILL FILE A SOLICITATION/RECOMMENDATION STATEMENT
ON SCHEDULE 14D-9 WITH RESPECT TO THE OFFER. INVESTORS AND
SECURITY HOLDERS ARE URGED TO READ THESE MATERIALS CAREFULLY WHEN
THEY BECOME AVAILABLE SINCE THEY WILL CONTAIN IMPORTANT
INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE
OFFER. THE OFFER TO PURCHASE, SOLICITATION/RECOMMENDATION
STATEMENT AND RELATED MATERIALS WILL BE FILED BY PARENT, BUYER AND
AVG WITH THE SEC, AND INVESTORS AND SECURITY HOLDERS MAY OBTAIN A
FREE COPY OF THESE MATERIALS (WHEN AVAILABLE) AND OTHER DOCUMENTS
FILED BY PARENT, BUYER AND AVG WITH THE SEC AT THE WEBSITE
MAINTAINED BY THE SEC AT WWW.SEC.GOV. INVESTORS AND SECURITY
HOLDERS MAY ALSO OBTAIN FREE COPIES OF THE
SOLICITATION/RECOMMENDATION STATEMENT AND OTHER DOCUMENTS FILED
WITH THE SEC BY AVG AT WWW.AVG.COM.
Logo -
http://photos.prnewswire.com/prnh/20120306/SF65434LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/avg-announces-preliminary-second-quarter-2016-revenue-results-300295131.html
SOURCE AVG Technologies N.V.