Revenues for the first quarter of 2007 increased 93% to $26.4 million from $13.7 million in 2006. Net income for first quarter 2007 increased 324% from $1.2 million, or $0.13 per diluted share. Net cash balances at March 31, 2007 totaled $16.8 million compared to $12.6 million at December 31, 2006. VASCO reaffirmed the full-year 2007 guidance provided on February 20, 2007, which included revenue growth of 35% to 45% for the full year 2007.”]
Source: https://www.darkreading.com/attacks-breaches/vasco-reports-earnings-increase