Inside Secure THIRD-QUARTER 2013 REVENUE
- Third-quarter 2013 consolidated revenue of $44.4 million, up 55% year-on-year (up 27% on anormalized1 basis) due to high but non-recurring deliveries to BlackBerry
- Consolidated revenue for the first 9 months of 2013 at $115.2 million (up 27% Y-o-Y)
- Group refocused around two business divisions, in line with strategic shift towards security solutions for mobile and connected devices
Aix-en-Provence, France, October 24, 2013 – Inside Secure (NYSE Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, today reports consolidated revenue of $44.4 million for the third quarter of 2013. Revenue rose by 21% relative to the second quarter of 2013 and by 55% relative to the third quarter of 2012. Consolidated revenue in the first nine months of the year totalled $115.2 million, up 27% year-on-year.
1Normalized revenue is defined as the combined revenue from the activities of Inside Secure and ESS as if the acquisition of ESS had been effective from January 1, 2012 and without taking into account the accountingimpact of the purchase price allocation.