WatchGuard breaks Revenue Records
WatchGuard Technologies has attained a record-breaking 2010 fourth quarter for revenue. This quarter stands out as the top-grossing quarter ever earned in the company's history. Additionally, the company notes double-digit sequential growth from Q4 over Q3, and that 2010 marked another year of consecutive annual growth since going private in 2006.
"WatchGuard is the leading security solutions provider for SMB and mid-market enterprises," said Joe Wang, CEO, WatchGuard Technologies. "Today's businesses all have a common need – having affordable and effective security solutions stop a myriad of threats, such as spam, viruses, malware, spyware, as well as protect against rogue applications, hackers and identity thieves. As evidenced by the company's aggressive growth, WatchGuard continues to innovate and offer businesses with unbeatable network, application and data protection."
For this calendar quarter ending December 31, 2010, WatchGuard broke all historic quarterly revenue records due to numerous countries around the world achieving significant, top-line revenue growth. Growth for WatchGuard security solutions was broad-based across all regions. Also, global revenue for WatchGuard grew 18 per cent sequentially over Q3, 2010, indicating accelerated growth moving into 2011.
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