RSA release preliminary fourth quarter results

Bedford, Massachusetts-based RSA Security today reported preliminary financial results for the fourth quarter ending 31 December 2005. The Company anticipates that revenue for the fourth quarter will be in the range of $81 million to $82 million and GAAP earnings per diluted share will be in the range of $0.15 to $0.19. GAAP earnings per diluted share for the fourth quarter of 2005 includes the previously announced restructuring activities, expected to be in the range of $(0.02) to $(0.03) per share and a net beneficial adjustment made to the company’s tax rate for the fourth quarter, which is expected to be in the range of $0.01 to $0.05 per share. The company also announced that it anticipates its book-to-bill ratio for the fourth quarter of 2005 to be approximately 1.3 to 1 and that it closed the quarter with a total of approximately $32 million in backlog and $54 million in deferred revenue, across all of its product lines. This compares to a book-to-bill ratio for the third quarter of 2005 of approximately 1.0 to 1, backlog of $12.7 million and deferred revenue of $48.8 million at the close of the third quarter of 2005.

RSA Security specializes in protecting online identities and digital assets. The company develops core security technologies for the Internet, and it offers a variety of identity and access management solutions. In 2004 it had revenues of $307.5 million

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