Digital Edition

SYS-CON.TV
McAfee Revenue Up 32 Percent
Company Sees Double-Digit Growth in All Regions

McAfee, Inc. announced revenue of $245 million in its second quarter, ending June 30, 2005.  Second quarter net earnings were $42 million.

New McAfee revenue in the quarter grew by 32% year over year, with bookings increasing by 19% globally. For comparison purposes, new McAfee revenue excludes the Magic and Sniffer businesses sold in 2004 and the McAfee Research business sold in April 2005.

McAfee demonstrated double-digit year over year growth across all regions, with revenue increasing by 28% in North America, 20% in Europe, Middle East and Africa (EMEA), 53% in APAC, 117% in Japan and 83% in Latin America.

Overall, McAfee consumer revenue in the quarter grew by 69% year over year to $116 million. Revenue from the online consumer services in the quarter grew by 90% year over year.

McAfee ended the second quarter with cash and cash equivalents and investments of $1.073 billion. During the quarter McAfee generated approximately $103 million in cash from operations on a GAAP basis.

 "The McAfee team has driven exceptional company performance in the second quarter by strategically growing our business globally across all segments," said George Samenuk, chairman and chief executive officer of McAfee, Inc. "Our strategy of delivering proven, best-of-breed security solutions to global customers and business partners of all sizes continues to gain traction as demonstrated by the strong results in the first half of this year."

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

McAfee Revenue Up 32 Percent 'The McAfee team has driven exceptional company performance in the second quarter by strategically growing our business globally across all segments,' said George Samenuk, chairman and chief executive officer of McAfee, Inc. 'Our strategy of delivering proven, best-of-breed security solutions to global customers and business partners of all sizes continues to gain traction.'




ADS BY GOOGLE
Subscribe to the World's Most Powerful Newsletters

ADS BY GOOGLE

Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, ...
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st I...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22n...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT...
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 20...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with e...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point wh...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by Fi...
Today, we have more data to manage than ever. We also have better algorithms that help us access our...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, ...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: D...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held Novemb...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it require...
The now mainstream platform changes stemming from the first Internet boom brought many changes but d...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (No...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018,...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing w...