Network and Internet security solutions provider SonicWALL Inc (Nasdaq:SNWL) reported on Thursday that its fourth quarter GAAP net income increased to USD5m, or USD0.09 per diluted share, from USD3.5m, or USD0.06 per share, in the fourth quarter of 2008.
Revenue for the quarter totalled USD54.1m, down slightly from USD54.3m in the corresponding quarter a year ago.
During the fourth quarter SonicWALL shipped 52,000 revenue units.
CEO Matt Medeiros said that in 2009 SonicWALL gained market share, improved its operating margin and generated strong cash flow.
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