Trend Micro Reports Second Quarter 2017 Results Results mark 73rd profitable quarter in a row
"WannaCry and PETYA brought mainstream attention to security and reminded organizations that appropriate protection is critical for businesses," said Eva Chen, chief executive officer for Trend Micro. "Our second quarter activities reinforced our mission of helping customers understand and remain protected against the changing threat landscape."
Chen continued, "Trend Micro's continuous innovation across endpoints, networks, data centers and the cloud will persist beyond our existing portfolio. The launch of our first corporate venture fund looks ahead to protect against evolving attack surfaces, with an initial investment of $1Trend Micro IncorporatedTrend Micro Incorporated million for startups at the epicenter of hyper growth markets, such as the Internet of Things."
As of now, the company will not revise expected consolidated results for the full fiscal year ending December 31, 2Trend Micro Incorporated17 (released on February 16, 2Trend Micro Incorporated17). Based on information currently available to the company, consolidated net sales for the year ending December 31, 2Trend Micro Incorporated17 is expected to be 147,3Trend Micro IncorporatedTrend Micro Incorporated million Yen (or US $1,339 million, based on an exchange rate of 11Trend Micro Incorporated JPY = 1 USD). Operating income and net income are expected to be 37,5Trend Micro IncorporatedTrend Micro Incorporated million Yen (or US $34Trend Micro Incorporated million) and 24,6Trend Micro IncorporatedTrend Micro Incorporated million Yen (or US $223 million), respectively.
Growth rate figures are calculated from Japanese Yen results. Some discrepancy may therefore be noted in US dollar comparisons owing to fluctuations in currency conversion rates.
Q2 2Trend Micro Incorporated17 New Business Highlights
In April, Trend Micro announced it is leveraging the newest capabilities of XGen™ security to enhance protection of small business endpoints by including machine learning inside Trend Micro Worry-Free Services. XGen security infuses high-fidelity machine learning into a blend of threat protection techniques to best protect against the full range of known and unknown threats across any user activity and endpoint. It constantly learns, adapts and automatically shares threat intelligence across the platforms and applications that matter most to customers.
Trend Micro introduced the Trend Micro TippingPoint Security Management System (SMS) Threat Insights, powered by XGen security. SMS Threat Insights helps enterprise prioritize response measures by quickly understanding the threats affecting the network and identifying which will need immediate attention. This feature release addresses customers' needs to prioritize security response measures and have increased visibility into current and potential threats affecting their network.
Trend Micro announced the launch of a corporate venture fund to explore emerging technology markets. With an initial investment of $1Trend Micro IncorporatedTrend Micro Incorporated million, this venture fund will allow Trend Micro to nurture a portfolio of startups that are developing ideas and living at the epicenter of hyper growth markets, such as the Internet of Things (IoT).
The second quarter, Trend Micro brought together nearly 75Trend Micro Incorporated customers and partners from 5Trend Micro Incorporated different countries. The event showcased several IoT vulnerability scenarios as well as demonstrating industrial robot attacks.
Trend Micro is very committed to public/private partnerships to fight a common adversary. As part of this ongoing fight, Trend Micro released the first edition of the Cybercrime Investigation Body Of Knowledge (CIBOK) book by the CIBOK editorial committee. This book is designed to set a new standard for public-private partnerships in the global fight against cybercrime by providing the knowledge, skills and behaviors required to solve and prevent today's threats.
Trend Micro held its third annual Trend Micro Capture the Flag event, renamed as "Raimund Genes Cup," in honor of the company's late CTO. This year's event saw a total of 1,431 registered teams from 91 countries and regions for online qualifier, a 15Trend Micro Incorporated percent YoY increase of registered teams. The Final event will be November 11-12, 2Trend Micro Incorporated17 in Tokyo.
Q2 2Trend Micro Incorporated17 Awards and Recognitions
In April, Hernán Armbruster, Trend Micro's vice president and managing director for Canada, Latin America and the Caribbean, was named one of the Top 5Trend Micro Incorporated Influential Hispanic Leaders in Latin America/Ibero America by the Hispanic IT Executive Council (HITEC). Armbruster has more than 23 years of experience in the IT security industry and has been a part of Trend Micro's operations in Latin America since it began in 1997. He leads the entire Americas region (U.S., Canada and LAR), which includes regional teams in sales and marketing strategies.
For the eighth time, the company was awarded the 5-Star rating in the 2Trend Micro Incorporated17 Partner Program Guide by CRN®, a brand of The Channel Company. The guide recognizes the elite subset of the partner program guide applicants that offer solution providers the best partnering elements in their channel programs.
Trend Micro was awarded the Global Technical ISV award for 2Trend Micro Incorporated16 at the VMware Partner Leadership Summit 2Trend Micro Incorporated17.
Trend Micro was recognized in Canada as one of the Top 1Trend Micro IncorporatedTrend Micro Incorporated Companies in the National Capital Region.
Trend Micro Smart Protection Complete received a five-star rating and "Best Buy" recommendation from SC Magazine.
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Trend Micro Successfully Concluded Risk to Resilience World Tour in Singapore, Manila and Ho Chi Minh City, Bringing Attack Surface Risk Management to Reality
Cybersecurity leader reaches out to most geographically diverse customer base in the industry to build resilience against cyber threats Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, brings its Risk to Resilience world tour to cities across Southeast Asia, to unveil new perspectives and key approaches for organisations to achieve long-term cyber resilience with a proactive risk-based approach to cybersecurity. The tour has completed stops in Singapore, the
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