Quest Software Reports Fourth Quarter and Fiscal Year 2011 Results
Quest Software, Inc . (Nasdaq: QSFT) today reported financial results for the quarter and year ended Dec. 31, 2011. Total revenues were $245.9 million, a 13.4% increase compared to the prior year’s fourth quarter revenues of $216.8 million. Total revenues for the year ended Dec. 31, 2011, were $857.4 million, an 11.8% increase compared to $767.1 million for the same period in 2010. Operating margins were 18.3% and 10.6% for the three and twelve months ended Dec. 31, 2011, respectively as compared to 14.4% and 15.7% for the three and twelve months ended Dec. 31, 2010, respectively. On a non-GAAP basis, operating margins were 27.2% and 19.6% for the three and twelve months ended Dec. 31, 2011, respectively as compared to 22.6% and 23.1% for the three and twelve months ended Dec. 31, 2010, respectively.
Cash and investments at Dec. 31, 2011, totaled $253.8 million, a decrease of $3.0 million from the comparable balance at Sep. 30, 2011. Cash flow from operations was $57.5 million for the three months ended Dec. 31, 2011.
The Pentagon is expected in coming weeks to introduce an overarching cyber strategy that officially declares cyberspace a domain of warfare equal to land, sea and air in importance. Using software tools, Bumgarner isolated the offender — a deviously
