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Article: TippingPoint Technologies Reports First Quarter Fiscal 2004 Results.
- Article from:
- PR Newswire
- Article date:
- June 13, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TippingPoint Technologies, Inc. today announced financial results for the quarter ended April 30, 2003.
Overview
The company reports revenues of approximately $630,000 during the quarter ended April 30, 2003. On April 30, 2003, the company had approximately $23.2 million in cash, cash equivalents and short-term investments. The company expects to incur net losses through at least the end of its current fiscal year ending January 31, 2004.
The company's revenues are from the sale of its high-speed network-based intrusion prevention systems and appliances. All of the revenues were attributable to sales to customers in the United States.
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