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Short Take: McAfee reports Q3 financials

McAfee, a vendor of network security and management software for PC networks, reported record results for the third quarter ending September 30. Revenue was $47.3 million, up 85 percent from $25.6 million reported in the same period a year ago. Net income, excluding acquisition-related expenses taken in the third quarter of 1995, increased 73 percent to $12.9 million, or 24 cents per share, from $7.5 million or 15 cents per share for the same period a year ago.

McAfee, a vendor of network security and management software for PC networks, reported record results for the third quarter ending September 30. Revenue was $47.3 million, up 85 percent from $25.6 million reported in the same period a year ago. Net income, excluding acquisition-related expenses taken in the third quarter of 1995, increased 73 percent to $12.9 million, or 24 cents per share, from $7.5 million or 15 cents per share for the same period a year ago.