The security market is expected to be robust according tothose operating in the market and that view has been backed up by quarterlyfigures from McAfee.
The security software specialist beat expectations with itsQ4 numbers indicating that the demand from customers for tools to counter thecontinuing surge of viruses and hacking threats has remained unabated.
Total revenue for the quarter rose by 19% to $424m and GAAPnet income rose to $45.4m from $12.2m in the same period a year before.
In a statement, CEO Dave DeWalt said that it had benefitedfrom the acquisition of Secure Computing, cutting costs and the continueddemand for its products.
He also hinted that it would continue a strategy ofacquisitions to support its growth ambitions.
DeWalt added that it had gained market share for the pastseven quarters and aimed to continue to grow its portion of the industry.
“Thisis the time for McAfee to grow and to take market share. We believe we have thefinancial resources, the team, the product leadership, the go-to-marketstrategy, the partner eco-system and the global brand to compete effectivelyand win,” he said.
Unlikemost other vendors De Valt was happy to provide some ideas of where the companywas headed for the rest of the year.
He saidit was going to improve non-GAAP operating margin by integrating theinvestments it made last year and by continuing to keep the pressure on cuttingcosts, which included a hiring freeze and tightening the screw on travelexpenses.