Trend Micro Reports Highest Annual Revenue and Strongest Quarterly Net Sales in Company’s 31 Year History

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced earnings results for the fourth quarter as well as its annual results of fiscal year 2019, ending December 31, 2019.

In Q4 2019, Trend Micro delivered the strongest quarter in the company’s history thanks to growth from all regions globally and across our product portfolio. Particularly noteworthy is the 15% growth in gross sales at constant currency in the company’s key business area of hybrid infrastructure protection. In addition, the number of commercial customers using SaaS-based solutions continues to outpace those using on-premise solutions, with an outstanding growth rate of 20% year-over-year. These results build upon Trend Micro’s strong momentum from Q3 2019, further demonstrating its leadership in protecting organizations adopting cloud environments.

“We are very proud of our strong growth in 2019, particularly in the last quarter, as it validates our focus on enabling digital transformation in the cloud. Our dedication to cloud excellence was clearly reflected through our enhanced cloud security solutions that empower customers to protect their environments, no matter where they are housed,” said Eva Chen, co-founder and chief executive officer for Trend Micro. “We know closing the year strong does not mean our work is done. The threats never stop and neither can we, especially with a skills gap that grows wider each day. Today’s business and technology landscape emphasizes the importance for visibility, detection and response across enterprises. Our mission continues to be providing solutions designed to give businesses broader visibility, breaking down security silos to detect more complex attacks that might otherwise go unnoticed.”

For the fourth quarter, Trend Micro posted consolidated net sales of 44,261 million Yen (or US $406 million, 108.82 JPY = 1USD). The company posted operating income of 8,528 million Yen (or US $78 million) and net income attributable to owners of the parent of 5,623 million Yen (or US $51 million) for the quarter. For the fiscal year 2019, Trend Micro posted consolidated net sales of 165,195 million Yen (or US $ 1,515 million, 108.98 JPY=1USD). The company also reported operating income of 37,686 million Yen (or US $345 million) and net income attributable to owners of the parent of 27,946 million Yen (or US $256 million).