About VASCO VDSI Guidance for full-year 2017
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Posted On: 08/24/2017 10:42:09 AM
About VASCO VDSI
Guidance for full-year 2017
VASCO is maintaining guidance for the full-year 2017 as follows:
•Revenue is expected to be in the range of $180 million to $190 million
VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, healthcare and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO solutions to protect their online, mobile, and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic and transaction signing, mobile application protection and risk analysis. Learn more about VASCO at VASCO.com and on Twitter, LinkedIn and Facebook.
Except for our ongoing obligations to disclose material information as required by the U.S. federal securities laws, we do not have any obligations or intention to release publicly any revisions to any forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.
On March 14, 2017, a complaint was filed in the United States District Court for the District of Massachusetts, captioned StrikeForce Technologies, Inc. v. Vasco Data Security International, Inc., et al., claiming VASCO infringed on certain patent rights of the plaintiff. On May 8, 2017, VASCO answered the complaint denying the allegations of patent infringement. The parties are currently engaged in early motion practice in the case. The plaintiff has also brought suit against various other companies in the cybersecurity industry. Although the ultimate outcome of litigation cannot be predicted with certainty, the Company believes that this lawsuit is without merit and intends to defend itself vigorously.
Page 1 Disposed Of (D) by: HUNT T KENDALL Chief Executive Officer & Clements Scott Pres & COO Since March 14th, 2017
4 Insider Buy/Sell 4/7/2017
4 Insider Buy/Sell 3/27/2017
4 Insider Buy/Sell 5/18/2017
4 Insider Buy/Sell 5/17/2017
4 Insider Buy/Sell 6/5/2017
4 Insider Buy/Sell 6/20/2017
4 Insider Buy/Sell 6/16/2017
4 Insider Buy/Sell 6/15/2017
4/A Insider Buy/Sell 6/21/2017
4 Insider Buy/Sell 6/22/2017
Page 2 Disposed Of (D)
4 Insider Buy/Sell 8/23/2017
4 Insider Buy/Sell 8/21/2017
4 Insider Buy/Sell 8/18/2017
4 Insider Buy/Sell 8/15/2017
4 Insider Buy/Sell 8/11/2017
4 Insider Buy/Sell 8/9/2017
4 Insider Buy/Sell 7/25/2017
4 Insider Buy/Sell 7/20/2017
4 Insider Buy/Sell 7/18/2017
4 Insider Buy/Sell 7/14/2017
4 Insider Buy/Sell 7/12/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/3/2017
4 Insider Buy/Sell 6/28/2017
4 Insider Buy/Sell 6/26/2017
Guidance for full-year 2017
VASCO is maintaining guidance for the full-year 2017 as follows:
•Revenue is expected to be in the range of $180 million to $190 million
VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, healthcare and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO solutions to protect their online, mobile, and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic and transaction signing, mobile application protection and risk analysis. Learn more about VASCO at VASCO.com and on Twitter, LinkedIn and Facebook.
Except for our ongoing obligations to disclose material information as required by the U.S. federal securities laws, we do not have any obligations or intention to release publicly any revisions to any forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.
On March 14, 2017, a complaint was filed in the United States District Court for the District of Massachusetts, captioned StrikeForce Technologies, Inc. v. Vasco Data Security International, Inc., et al., claiming VASCO infringed on certain patent rights of the plaintiff. On May 8, 2017, VASCO answered the complaint denying the allegations of patent infringement. The parties are currently engaged in early motion practice in the case. The plaintiff has also brought suit against various other companies in the cybersecurity industry. Although the ultimate outcome of litigation cannot be predicted with certainty, the Company believes that this lawsuit is without merit and intends to defend itself vigorously.
Page 1 Disposed Of (D) by: HUNT T KENDALL Chief Executive Officer & Clements Scott Pres & COO Since March 14th, 2017
4 Insider Buy/Sell 4/7/2017
4 Insider Buy/Sell 3/27/2017
4 Insider Buy/Sell 5/18/2017
4 Insider Buy/Sell 5/17/2017
4 Insider Buy/Sell 6/5/2017
4 Insider Buy/Sell 6/20/2017
4 Insider Buy/Sell 6/16/2017
4 Insider Buy/Sell 6/15/2017
4/A Insider Buy/Sell 6/21/2017
4 Insider Buy/Sell 6/22/2017
Page 2 Disposed Of (D)
4 Insider Buy/Sell 8/23/2017
4 Insider Buy/Sell 8/21/2017
4 Insider Buy/Sell 8/18/2017
4 Insider Buy/Sell 8/15/2017
4 Insider Buy/Sell 8/11/2017
4 Insider Buy/Sell 8/9/2017
4 Insider Buy/Sell 7/25/2017
4 Insider Buy/Sell 7/20/2017
4 Insider Buy/Sell 7/18/2017
4 Insider Buy/Sell 7/14/2017
4 Insider Buy/Sell 7/12/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/6/2017
4 Insider Buy/Sell 7/3/2017
4 Insider Buy/Sell 6/28/2017
4 Insider Buy/Sell 6/26/2017
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