Wednesday July 11, 5:10 pm Eastern Time
CORRECTED - McAfee Q2 earnings meet Wall Street expectations
In Sunnyvale, Calif. story headlined, ``McAfee Q2 earnings meet Wall Street expectations,'' please read in first paragraph, ``... posted a second quarter loss ...'' instead of `` ... profit ...''
A corrected repetition follows.
SUNNYVALE, Calif., July 11 (Reuters) - Software security maker, McAfee.com Corp. (NasdaqNM:MCAF - news) on Wednesday posted a second quarter loss in line with analyst expectations, citing strong growth of its Internet based software.
The Sunnyvale, California company said, including charges it lost $134,000, or nil per basic share compared with a loss of $6.8 million, or a loss of 15 cents a share in the prior year.
The four analysts polled by Thomson Financial/First Call were all expecting McAfee, a division of Network Associates Inc. (NasdaqNM:NETA - news), to break even for the second quarter.
Revenues, at $14.4 million, were up from $11.9 million in the prior year.
During the quarter McAfee, whose products include antivirus, privacy and firewall software, signed a strategic alliance with Microsoft Corp. (NasdaqNM:MSFT - news).