Record Fourth Quarter Attributed to Global Demand for WatchGuard Security Solutions
Privately-held WatchGuard® Technologies, a global leader of business security solutions, today announced that it 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.”
Record-breaking WatchGuard Revenue Growth Seen Worldwide
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. The following markets achieved notable Q4 year-over-year growth:
- China – 176.3 percent
- India – 82.3 percent
- Japan – 26.4 percent
- Southern Europe – 21.3 percent
- Canada – 19.4 percent
- Latin America – 18.2 percent
- Hong Kong/Taiwan – 18.2 percent
Read more here.