Aladdin Knowledge Systems raises full year guidance
IT security company Aladdin Knowledge Systems Ltd. (Nasdaq:ALDN) said this morning that it is raising its full year revenue and earnings guidance on account of its completed acquisition of a product line from Secure Computing. However, the company did note that on a GAAP basis earnings are forecasted to decline due to charges associated with the integration of the acquisition.
Shares gained 5%, or $0.63, to $13.39 in pre-market trading. For detailed price information and news stories on Aladdin Knowledge, click ALDN.
