Sourcefire reports $2.2 million quarterly profit

Revenue rose 29 percent in the second quarter

July 30, 2013|By Eileen Ambrose, The Baltimore Sun

Sourcefire Inc., a Columbia-based cybersecurity company, reported it earned $2.2 million in the second quarter, or 7 cents per share. That compares with a $1.1 million profit, or 4 cents per share, a year ago.

Revenue in the April-to-June period reached $65.1 million, up from $50.6 million a year earlier.

Last week, Cisco Systems announced it planned to acquire Sourcefire for $2.7 billion in cash. Sourcefire's headquarters is expected to remain in Columbia after the sale, and Cisco said it did not plan to eliminate any jobs there.

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