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Will Atkinson

Certicom Corp. says revenue outlook is healthy

Certicom Corp. (OTC: CERTF) expects revenue growth over the next fiscal year, but net income will depend in part on an ongoing lawsuit, executives said on a Thursday morning earnings call.

“Management anticipates healthy annual revenue growth on a year-to-year basis,” CFO Herve Seguin said on the call.

Last week, the cryptographic software maker announced a patent infringement lawsuit against Sony Corp. (NYSE: SNE).  Crotty said the legal process will govern the case’s progress.

“If it goes to trial, it will be 20 months,” CEO Bernard Crotty said. “We don’t have any indication at this point that we should expect anything different.”

Before Thursday’s opening bell, the software maker reported a net loss of $1.2 million, or $0.03 a share, for the fourth quarter ended April 30, down from a $0.2 loss, or $0.00 per share, a year earlier. Analysts polled by Reuters were expecting a $0.01 loss per share. Certicom recorded quarterly revenue of $6.5 million, up from $5.1 in the year-ago period.

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