Stockhouse.com: Taking it to the street
Boards & Blogs
Active Resource Stocks
Natural Resources Bulletins
Natural Resources Wire
US Press Releases
Canadian Press Releases
Showcase News Releases
Tools & Resources
Jobs / Careers
Blogs at a Glance
My Favorite Blogs
CEO Interview & Company Overview
Northern Vertex | V.NEE
Other Recent Video
CEO Interview and Company Overview
Sniper Resources Ltd. | V.SIP
Breaking News: Kootenay Closes $8,253,850 Private Placement Financing
Kootenay Silver Inc. | V.KTN
Visit the Video Showcase
MissionIR Small-Cap Blog
add to favorites
GlobalSCAPE, Inc. (GSB) Sees Revenue Growth; Receives Recognition for TappIn Software...
posted on 10/11/2012 3:56:30 PM | 424 reads | Post #154176
overall quality :
Average quality rating by the Stockhouse community.
GlobalSCAPE, Inc. (GSB) Sees Revenue Growth; Receives Recognition for TappIn Software Solution
GlobalSCAPE, a leading developer of secure information exchange solutions, maintains its position as an industry leader as sales continue to grow. GlobalSCAPE rose to notoriety for its suite of solutions which feature the industry-leading enterprise file transfer solution, EFT Server. EFT Server is a software solution that delivers military-grade security and a customizable platform for achieving best in class control and visibility of data in motion or at rest, across multiple locations. Currently, GlobalSCAPE provides this software and other services to thousands of customers, including global enterprises, governments, and small businesses.
On August 9, 2012, GlobalSCAPE announced its financial results for the three and six month periods ended June 30, 2012. The company reported a second quarter revenue of $5.7 million, consistent with revenue of $5.7 million during the second quarter of 2011. Revenue for the six months ended June 30, 2012, was $11.1 million, compared with $10.4 million for the six months ended June 30, 2011, representing a 7% increase.
The company attributed the increase in revenue to continued sales strength in its EFT Server products as a whole, combined with increased maintenance and support (M&S) contract renewal sales across the majority of its product lines. The increase in M&S renewals combined with strong bookings for future product sales and services resulted in the company’s deferred revenue, plus contractual agreements under which revenue will be earned in future periods, growing to $8.8 million on June 30, 2012, from $7.8 million on June 30, 2011, or an increase of 12%.
GlobalSCAPE also recently received recognition when its wholly owned subsidiary, TappIn, Inc., was named a finalist for the Golden Bridge Awards. TappIn was selected as a finalist in the Top Mobile Innovative Products or Services category, alongside globally recognized companies like AirWatch. This recognition follows a string of top industry acknowledgements for TappIn, including a 2012 Global Excellence Award from Info Security and being named a Red Herring 2011 Global 100 Winner.
“Mobility is fundamentally changing the way we live our lives, enabling instant access to information at the tap of a screen,” said Chris Hopen, President of TappIn, Inc. “TappIn is committed to streamlining that access with secure solutions that enable users to tap into their content on demand, regardless of where it is stored. TappIn is the one place they can go for all their content without having to move, upload or store everything in one place.”
To learn more about GlobalScape, visit
Please see disclaimer on the MissionIR website
add to favorites
login to comment
Featured News Links
Bob Moriarty “The Next Silver Takeout”
Top three reasons why you need to invest in this company
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J)
is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...
Stockhouse.com is owned by
Stockhouse Publishing Ltd.
Financial Market Data powered by
All rights reserved. View the
NYSE/AMEX/NASDAQ and other data delayed 15 minutes unless otherwise indicated.
© 2013 Stockhouse publishing Ltd. All rights reserved. |