Trend Micro Reports Earnings Results for Q2 2024
Trend Micro (TMICY) reported strong Q2 2024 earnings with 13% year-over-year net sales growth and a 42% increase in operating income. Key highlights include:
- Enterprise platform-connected annual recurring revenue (ARR) grew 45%, contributing to total company ARR of over $1.65 billion
- Enterprise net sales increased 16% YoY
- Protected enterprise assets grew 13% to over 82 million
- Operating margin reached 18%
The company maintained its full-year 2024 guidance, expecting consolidated net sales of 271 billion yen ($1.84 billion) and operating income of 52.9 billion yen ($359 million). Trend Micro continues to innovate, launching new AI-driven cybersecurity capabilities and achieving recognition in vulnerability discovery and attack visibility.
Trend Micro (TMICY) ha riportato forti guadagni nel secondo trimestre del 2024 con una crescita delle vendite nette del 13% rispetto all'anno precedente e un aumento del 42% del reddito operativo. I punti salienti includono:
- Il fatturato ricorrente annuale (ARR) collegato alla piattaforma enterprise è cresciuto del 45%, contribuendo a un ARR totale della compagnia di oltre 1,65 miliardi di dollari
- Le vendite nette aziendali sono aumentate del 16% su base annua
- Gli asset protetti delle imprese sono cresciuti del 13% superando gli 82 milioni
- Il margine operativo ha raggiunto il 18%
La società ha mantenuto la sua guida per l'intero anno 2024, prevedendo vendite nette consolidate di 271 miliardi di yen (1,84 miliardi di dollari) e un reddito operativo di 52,9 miliardi di yen (359 milioni di dollari). Trend Micro continua a innovare, lanciando nuove capacità di cybersecurity alimentate dall'IA e ottenendo riconoscimenti nella scoperta di vulnerabilità e nella visibilità degli attacchi.
Trend Micro (TMICY) reportó fuertes ganancias en el segundo trimestre de 2024, con un crecimiento del 13% en las ventas netas en comparación con el año anterior y un aumento del 42% en los ingresos operativos. Los aspectos destacados incluyen:
- Los ingresos recurrentes anuales (ARR) conectados a la plataforma empresarial crecieron un 45%, contribuyendo a un ARR total de la compañía de más de 1.65 mil millones de dólares
- Las ventas netas empresariales aumentaron un 16% interanual
- Los activos protegidos de las empresas crecieron un 13%, superando los 82 millones
- El margen operativo alcanzó el 18%
La empresa mantuvo su guía para todo el año 2024, esperando ventas netas consolidadas de 271 mil millones de yenes (1.84 mil millones de dólares) y un ingreso operativo de 52.9 mil millones de yenes (359 millones de dólares). Trend Micro continúa innovando, lanzando nuevas capacidades de ciberseguridad impulsadas por IA y logrando reconocimiento en la detección de vulnerabilidades y la visibilidad de ataques.
트렌드 마이크로 (TMICY)는 2024년 2분기에 전년 대비 13%의 순매출 성장과 운영 수익 42% 증가로 강력한 실적을 발표했습니다. 주요 하이라이트는 다음과 같습니다:
- 기업 플랫폼에 연결된 연간 반복 수익 (ARR)이 45% 성장하여 총 회사 ARR이 16억 5천만 달러를 초과하였습니다.
- 기업 순매출이 전년 대비 16% 증가했습니다.
- 보호된 기업 자산이 13% 증가하여 8,200만 건 이상에 이릅니다.
- 운영 마진은 18%에 도달했습니다.
회사는 2024년 전체 연도 전망을 유지하며, 통합 순매출 2조 7천1백억 엔 (18억 4천만 달러)과 운영 수익 5,290억 엔 (3억 5천9백만 달러)을 기대하고 있습니다. 트렌드 마이크로는 AI 기반의 사이버 보안 기능을 새롭게 출시하고 취약점 발견 및 공격 가시성에서 인정을 받고 있습니다.
Trend Micro (TMICY) a rapporté des bénéfices solides au deuxième trimestre 2024, avec une croissance des ventes nettes de 13 % par rapport à l'année précédente et une augmentation de 42 % des revenus d'exploitation. Les points clés comprennent :
- Les revenus récurrents annuels (ARR) liés à la plateforme des entreprises ont augmenté de 45 %, contribuant à un ARR total de l'entreprise de plus de 1,65 milliard de dollars
- Les ventes nettes aux entreprises ont augmenté de 16 % d'une année sur l'autre
- Les actifs protégés des entreprises ont augmenté de 13 %, dépassant 82 millions
- La marge opérationnelle a atteint 18 %
L'entreprise a maintenu ses prévisions pour l'année 2024, s'attendant à des ventes nettes consolidées de 271 milliards de yens (1,84 milliard de dollars) et à un revenu d'exploitation de 52,9 milliards de yens (359 millions de dollars). Trend Micro continue d'innover en lançant de nouvelles capacités de cybersécurité alimentées par l'IA et en obtenant une reconnaissance dans la découverte de vulnérabilités et la visibilité des attaques.
Trend Micro (TMICY) hat im zweiten Quartal 2024 starke Gewinne mit einem Umsatzwachstum von 13% im Jahresvergleich und einem Anstieg des Betriebsergebnisses um 42% gemeldet. Zu den wichtigsten Punkten gehören:
- Der jährlich wiederkehrende Umsatz (ARR) der unternehmensverbundenen Plattform wuchs um 45% und trug zu einem Gesamtkonzern-ARR von über 1,65 Milliarden Dollar bei.
- Die Unternehmensnettoverkäufe stiegen um 16% im Jahresvergleich.
- Geschützte Unternehmenswerte wuchsen um 13% auf über 82 Millionen.
- Die Betriebsgewinnmarge erreichte 18%
Das Unternehmen bekräftigte seine Prognose für das Gesamtjahr 2024 und erwartet einen konsolidierten Nettoumsatz von 271 Milliarden Yen (1,84 Milliarden Dollar) und einen Betriebsgewinn von 52,9 Milliarden Yen (359 Millionen Dollar). Trend Micro setzt weiterhin auf Innovation, führt neue KI-gestützte Cyber-Sicherheitslösungen ein und erzielt Anerkennung in der Schwachstellenerkennung und Angriffstransparenz.
- 13% year-over-year increase in global net sales
- 42% increase in operating income
- 45% growth in enterprise platform-connected annual recurring revenue (ARR)
- Total company ARR grew 6% to over $1.65 billion
- 16% year-over-year increase in enterprise net sales
- 13% growth in protected enterprise assets, totaling over 82 million
- 18% operating margin achieved in Q2
- None.
- Increase of
13% globally in net sales growth at actual currency - Increase of
42% in operating income to drive18% operating margin - Increase of
45% in enterprise platform-connected annual recurring revenue (ARR), contributing to growing the total company ARR by6% to over US$1.65 Billion
In Q2, growth was powered by our enterprise platform across all global regions, with enterprise net sales increasing at
The company grew enterprise platform ARR by
Eva Chen, Co-Founder and CEO: "We closed the first half of the year strong, leveraging our 35 years of balancing IT and security operations to enable business continuity for our customers. Together with our customers, we are innovating across our Trend Vision One™ platform, helping organizations to embrace AI for better business outcomes while more effectively managing enterprise cyber risk."
Streamlined cyber risk management and contextualized visibility drove security teams to increasingly rely upon Trend, resulting in a
Kevin Simzer, COO: "We beat our internal plans for the quarter, both top and bottom line. Our unrelenting focus is on platform expansion and operational efficiency, delivering
For this quarter, Trend Micro posted consolidated net sales of
The company does not revise expected consolidated results for the full fiscal year ending December 31, 2024 (released on February 15, 2024). Based on information currently available to the company, consolidated net sales for the year ending December 31, 2024 is expected to be 271,000 million Yen (or US
Key business updates in Q2 2024
Innovative: Trend nurtures a culture of innovation to drive advancements across its cybersecurity platform.
- Debuted ability to secure AI-enabled private data centers with NVIDIA
- Released world's first security solution to protect the emerging market of AI PCs
- Unveiled AI-driven cyber risk management capabilities that enable customers, like AI-enabled healthcare technology leader Xsolis, to proactively reduce breach risk
Trusted: Trend is a trusted partner to the customers and communities that it serves.
- Launched new platform capabilities to automatically secure enterprise data as employees increase exploration of tools such as ChatGPT and AI models
- Released latest survey findings on gap between board of directors and their security leaders, with
46% confirming challenges measuring business value of cybersecurity strategies - Achieved
100% attack visibility in the latest MITRE Engenuity ATT&CK® Evaluation
Global: Trend has the most geographically diverse customer base in the industry, with hundreds of millions of sensors powering the Trend Vision One™ platform for superior attack surface risk management.
- Collaborated on law enforcement-led take down of a premier ransomware group, responsible for an estimated quarter of ransomware attacks worldwide
- Helped prevent breaches and save organizations millions of dollars with our vulnerability discovery program, exposing over
60% of public vulnerabilities globally, according to a new Omdia report - Proactively secured enterprise customers from 29 zero-day vulnerabilities across Windows, Linux, Chrome and VMWare, via Trend's ZDI Pwn2Own competitions
Trend Micro was awarded the following patents in Q2 2024:
Patent No. | Issue Date | Title |
12013937 | 06/18/2024 | Detection and Identification of Malware using a Hierarchical Evolutionary Tree |
12019782 | 06/25/2024 | Privacy Protection for Customer Events Logs of Cybersecurity Events |
11973791 | 04/30/2024 | Detecting Network Entities That Pose A Cybersecurity Risk To A Private Computer Network |
* Converted at Company Plan Rates, 1USD= 147 yen, 1EUR =
** Converted at Company Plan Rates, 1USD= 147 yen, 1EUR =
Notice Regarding Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements. Forward-looking statements are sometimes accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on our current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend's platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.
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SOURCE Trend Micro Incorporated
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