Vasco Data Security International Q2 Income Drops 58%

(RTTNews) - Vasco Data Security International (VDSI) released a profit for second quarter that declined compared to the same period last year.

The company said its bottom line declined to $2.54 million, or $0.06 per share. This was down from $6.06 million, or $0.15 per share, in last year's second quarter.

The company said revenue for the quarter fell 15.8% to $45.69 million. This was down from $54.29 million last year.

Vasco Data Security International earnings at a glance:

-Earnings (Q2): $2.54 Mln. vs. $6.06 Mln. last year. -Earnings Decline (Y-o-Y): -58.1% -EPS (Q2): $0.06 vs. $0.15 last year. -EPS Decline (Y-o-Y): -60.0% -Revenue (Q2): $45.69 Mln vs. $54.29 Mln last year. -Revenue Change (Y-o-Y): -15.8%

-Guidance: Full year revenue guidance: $180 - $190 Mln