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Article: Guardent Posts Record Year-End Results; Grows Managed Security Services Exponentially; Reaches Profitability; Fiscal Year Results Cement Company's Position as the Leading Vendor- independent MSSP.
- Article from:
- PR Newswire
- Article date:
- March 10, 2003
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WALTHAM, Mass. -- WALTHAM, Mass., March 10 /PRNewswire/ -- Following a substantial up-tick in demand for its services, Guardent, the recognized leader in managed security services, today announced record revenues for the year ending December 31, 2002. Guardent reached EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) profitability in Q4 2002 and was cash-flow positive at year's end.
"The market is responding favorably to our differentiated approach and proprietary technology architecture, which was designed to better serve the complex security needs of enterprise clients," said Maria Cirino, chief executive officer at Guardent. "With well ...