Trend Micro ( (TMICF) ) has released its Q1 earnings. Here is a breakdown of the information Trend Micro presented to its investors.
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Trend Micro Incorporated, a Tokyo-based company listed on the Tokyo Stock Exchange, specializes in cybersecurity solutions, offering a range of products and services aimed at protecting businesses and individuals from cyber threats.
In its latest earnings report for the first quarter ending March 31, 2025, Trend Micro reported a modest increase in net sales, reaching 67,501 million yen, a 2.4% rise compared to the same period last year. However, the company faced challenges with a decrease in net income attributable to owners of the parent, which fell by 17.6% to 8,858 million yen.
Key financial metrics highlighted in the report include a significant 23.7% increase in operating income, reaching 15,006 million yen, despite a 9.2% decline in ordinary income due to foreign exchange losses. The company’s net income per share also saw a decline, reflecting the overall decrease in net income. Regionally, sales performance varied, with Europe showing the highest growth at 4.3%, while the Americas experienced a slight decline.
The financial position of Trend Micro showed a decrease in total assets and net assets, attributed to reductions in cash and bank deposits, as well as a decrease in notes and accounts receivable. Despite these challenges, the company managed to control operating expenses, which contributed to the increase in operating income.
Looking ahead, Trend Micro maintains its financial forecast for the fiscal year ending December 31, 2025, with expectations of continued growth in net sales and operating income. The company remains focused on addressing the evolving cybersecurity landscape, driven by increasing threats and the need for advanced security solutions.