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Secure Computing Reports 2Q

Secure Computing Corp. generated $12.7 million of cash from operations and reduced the long term debt balance by $10.0 million. Second quarter revenue was $57.6 million, a 49% increase compared to $38.7M in the same quarter last year. Billings for the quarter were $70.7m, a 75% increase from $40.5M to $70m. Deferred revenue increased $11.7million, or 9%, bringing the total deferred revenue balance to $142.3 million.”]

Source: https://www.darkreading.com/attacks-breaches/secure-computing-reports-2q

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