VASCO is the world leader in providing Two-factor authentication and Electronic Signature solutions to financial institutions. More than half of the Top 100 global banks rely on VASCO solutions to enhance security, protect mobile applications, and meet regulatory requirements.
VASCO enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government and healthcare markets. |
the chart
the numbersFourth Quarter and Full-year 2014
Revenue for the fourth quarter and full-year 2014 was $62.4 million and $201.5 million, respectively, an increase of 44% and an increase of 30% respectively to those of 2013. Operating income for the fourth quarter and full-year 2014 was $12.7 million and $38.1 million, respectively, an increase of 218% and 178% compared to those of 2013. 2015 Guidance Revenue is expected to be in the range of $220 million to $230 million, and operating income as a percentage of revenue, excluding the amortization of purchased intangible assets, is projected to be in the range of 17% to 20%. |
”Revenues for the fourth quarter and full-year 2014 were the best in the Company’s history,”
the talk on the street |
the grades |
stimulate yourself with some facts!
NAUGHTY CHART'S CALL
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The stock is in an obvious up trend with strong signals such as a 200 MA trending up, a consolidation period around the 50 MA after a MASSIVE rally last year. The 100 and 50 MA's are diverging with the 50 MA moving slightly higher.
From the last Earnings Release we know $VDSI has set the bar too low with only an estimate of $0.18 EPS which should be clearly beatable, specially with the latest news of recent high profile clients signing up for VASCO's service. For those of us who profited from the last Earnings and are back on the stock at the low 20's, it is a no brainer to remain and stay the course though ER. But we would remain cautious adding here as we believe we may be at a short term peak right before Earnings (See Chart at top.) The stock is due for a light pullback in order to grant us a rally as seen before. The Bull No debt outstanding. Low bar by setting 2015 revenue in-line with 2014. Backlog represented in 2015 outlook. The Bank of Tokyo-Mitsubishi UFJ, Ltd. now using VASCO 2FA. Two new DIGIPASS® with Bluetooth capabilities. The release of the latest version of DIGIPASS for Apps and DIGIPASS for Mobile application security suite. EPS set very low for the upcoming Quarter. The Bear Revenue expected to raise “only” 10-14% for 2015. Income as percentage of revenue stays flat at 17 to 20%. Strong US dollar cuts on revenue, most revenue comes from outside the USA. Too much banking exposure. CFO retiring. Naughty Charts: Bullish |