Netwrix Announces Fiscal Quarter Results

by George Chetcuti [Published on 24 April 2014 / Last Updated on 24 April 2014]

The Best Q1 in Company History plus New Releases and Numerous Industry Awards.

IRVINE, Calif., April 23, 2014 – Netwrix Corporation, the #1 provider of change and configuration auditing software, today announced record results for Q1 2014, with a year-over-year growth of 19% for the quarter. This continues the company’s trend of delivering successive growth, quarter-over-quarter, every year since its inception. Netwrix also marked two new milestones during Q1 2014 by closing the largest deal in company history and achieving exceptional revenue growth of 140% for the EMEA region.

Key milestones from Q1 2014 include:

  • Netwrix acquired several hundreds of new customers and even more existing customers expanded their investment with Netwrix during the quarter
  • Netwrix’s customer support received a 100% customer satisfaction rating
  • Average sales price (ASP) increased by 10% during the quarter
  • Netwrix released six new auditing solutions for Active Directory, file servers, Exchange, SQL Server, VMware, Windows Server
  • 140% revenue growth in the EMEA region

Netwrix also received a number of industry honors during Q1 2014 including:

Underscoring Netwrix’s success during the quarter, customers of Netwrix Auditor continue to praise the product for its value and effectiveness. Among these include the following customer comments:

“The evaluation of Netwrix Auditor was the fastest way for us to see the value it would bring to meet our change auditing needs. The number of systems supported and features within Netwrix Auditor was impressive,” said Homer Black, Technical Services Group Supervisor in California Highway Patrol. “CHP was quickly able to see Netwrix Auditor’s ability to meet their auditing requirements by tracking modifications made to their Active Directory, Exchange Servers, Windows servers, SQL servers and file servers.”

“When we implemented Netwrix Auditor we got a very easy to use solution to tell us the who/what/when/where details for all changes, easily saving us hours of investigative work tracking down who made a specific change,” explained Jeff Salisbury, Director of Global IT Operations Belkin. “Being able to automate daily change reports has been very useful.”

“The growth in this quarter was very well expected,” said Michael Fimin, CEO of Netwrix Corporation. “There is a rising demand for technologies that can be used to proactively prevent security breaches, such as those that happened at Target and other major retailers. Compliance requirements are also not getting less complicated. Change and configuration auditing addresses both and Netwrix is positioned for continued expansion on the growing market for years to come due to our extensive focus on solving security and compliance challenges and our ability to deliver the broadest coverage of supported systems.”

About Netwrix Corporation

Netwrix Corporation is the #1 provider of change and configuration auditing software, offering the most simple, efficient and affordable IT infrastructure auditing solutions with the broadest coverage of audited systems and applications available today. Founded in 2006, Netwrix software is used by more than 160,000 organizations worldwide, and is ranked in the Top 100 US software companies in the 2013 Inc. 5000 and Deloitte Technology Fast 500. For more information, visit www.netwrix.com.

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