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Secure Computing Posts Q3 Results

GAAP revenue of $60.0 million, 49% increase compared to $43.7 million in the same quarter last year. Non-GAAP revenue for the third quarter was $65.2 million. The company generated a record $12.8 million of cash from operations and reduced the long term debt balance by $10.0m. Billings for the quarter were $74.0million, a 20% increase from $61.6m to $61m. Total deferred revenue balance increased 8% to $153.8m at end of September.”]

Source: https://www.darkreading.com/attacks-breaches/secure-computing-posts-q3-results

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