F-Secure Corporation achieved accelerated 11% quarter over quarter growth rate in its strategic Internet Service Provider (ISP) business during Q2, compared to a 6% growth in the first quarter, representing an annual growth of 37%. The overall Q2 revenue growth was also strong and increased by 18% compared to the same quarter last year, reaching a record level of Euro 23.3 M and, EBIT was healthy at 16% of revenues and Euro 3.7 M
The strong growth of F-Secure Corporation, headquarters in Helsinki, Finland, is increasingly driven by the continued strong execution of the Security as a Service business model in partnership with ISP’s around the world. The ISP business growth is primarily driven through active marketing co-operation with the company’s substantial base of ISP partners. At the same time, traditional license-based channels are growing at a satisfactory rate.
Kimmo Alkio, President and CEO of F-Secure Corporation said that, “Good to see sustainable overall revenue growth and strong execution in our ISP business.” He further added that, “Our recent financial performance provides solid base for longer term success and expansion of our global business.”
