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Trend Micro Reports Strong 2024 Earnings Growth

Trend Micro Reports Strong 2024 Earnings Growth

Trend Micro ( (TMICF) ) has released its Q4 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’s Prime Market, is a global leader in cybersecurity solutions, providing a wide range of antivirus and security products designed to protect against cyber threats.

Trend Micro reported strong financial results for the fiscal year ending December 31, 2024, with net sales reaching 272,638 million yen, marking a 9.6% increase from the previous year. The company saw a substantial rise in operating income, which soared by 47.6% to 48,105 million yen, and net income attributable to owners of the parent surged by 220.2% to 34,358 million yen.

The company witnessed growth across all geographical regions, with notable increases in Europe and Asia Pacific. Additionally, the company’s AI-Powered Next-Gen SOC security and Trend Micro Vision One platform significantly contributed to its success in various markets. However, the company faced increased people costs due to a weaker yen, impacting its operating income.

Trend Micro’s management has provided an optimistic outlook for 2025, projecting further growth in net sales and operating income. The company plans to continue its focus on improving profit margins while expanding its cybersecurity offerings in response to the evolving digital landscape.

Overall, Trend Micro appears well-positioned for continued growth, driven by strong demand for cybersecurity solutions and strategic expansions in key markets worldwide.

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