Trend Micro Announces Revision of Forecasts of Consolidated Financial Results for the First Quarter of Fiscal Year Ending Decemb
23 4월 2007 - 4:00PM
PR Newswire (US)
TOKYO, April 23 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro
(TSE:4704) ( NASDAQ: TMIC) , a leader in network antivirus and
Internet content security software and services, today announced
that the forecast of financial results for the first quarter of
fiscal year ending December 31, 2007, which were announced on
February 21, 2007, has been revised as set forth below: 1. Revision
of forecast of financial results for the fourth quarter of FY2007
(U.S. GAAP) (January 1, 2007 to March 31, 2007) (in millions of
yen) Net Sales Operating Net Income Income Forecast previously
publish (A) 23,000 5,500 2,850 Revision made (B) 23,100 6,500 4,200
Difference (B-A) +100 +1,000 +1,350 Ratio of increase or decrease
+0.4% +18.2% +47.4% 2. Reason for Revision Net sales forecast is
close on original forecasts. We now forecast for the first quarter
costs around 16.6 billion yen. It could fall below 17.5 billion
that we expected because mainly the cost of sales and US marketing
cost might be under spent. As the result, operating income forecast
is 18.2% above original forecasts. Net income forecast is 47.4%
above original forecasts due to higher than expected mainly
non-operating income including interest income, etc. In summary, as
a result of this revision, compared to the previous forecast of the
first quarter, there are all increases of 0.4% in net sales, 18.2%
in operating income, and 47.4% in net income, respectively. Notice
Regarding Forward-looking Statements Certain statements that we
make in this release are forward-looking statements. These
forward-looking statements are based upon management's current
assumptions and beliefs in light of the information currently
available to it, but involve known and unknown risks and
uncertainties. Many important factors could cause our actual
results to differ materially from those expressed in our
forward-looking statements. These factors include: -- Difficulties
in addressing new virus and other computer security problems --
Timing of new product introductions and lack of market acceptance
for our new products -- The level of continuing demand for, and
timing of sales of, our existing products -- Rapid technological
change within the antivirus software industry -- Changes in
customer needs for antivirus software -- Existing products and new
product introductions by our competitors and the pricing of those
products -- Declining prices for products and services -- The
effect of future acquisitions on our financial condition and
results of operations -- The effect of adverse economic trends on
our principal markets -- The effect of foreign exchange
fluctuations on our results of operations -- An increase in the
incidence of product returns -- The potential lack of attractive
investment targets and -- Difficulties in successfully executing
our investment strategy We assume no obligation to update any
forward-looking statements. For more details regarding risk factors
relating to our future performance, please refer to our filings
with the U.S. Securities and Exchange Commission. About Trend
Micro, Inc. Trend Micro, Inc. is a leader in network antivirus and
Internet content security software and services. The Tokyo-based
corporation has business units worldwide. Trend Micro products are
sold through corporate and value- added resellers and managed
service providers. For additional information and evaluation copies
of all Trend Micro products, visit our Web site,
http://www.trendmicro.com/ . Trend Micro, the t-ball logo,
OfficeScan, PC-cillin, and VirusWall are trademarks or registered
trademarks of Trend Micro Incorporated. TrendLabs is a service mark
of Trend Micro Incorporated. All other company or product names may
be trademarks or registered trademarks of their owners. For
additional Information Mr. Mahendra NegiChief Financial Officer /
IR Officer Phone: +81-3-5334-4899 Fax: +81-3-5334-4874 Email:
DATASOURCE: Trend Micro, Inc. CONTACT: Mahendra Negi of Trend
Micro, +81-3-5334-4899, or fax, +81-3-5334-4874, or Web site:
http://www.trendmicro.com/
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