Websense: Short- or Long-Term Problems?
Sometimes, you’ve got to take short-term hits on the road to long-term success. The VAR Guy wonders if that’s the situation at Websense, which has announced a big earnings shortfall.
Websense is putting an interesting spin on the situation, and The VAR Guy is inclined to believe the company line. In recent months, Websense has deployed a new supply chain management system with Ingram Micro. Also, Websense acquired PortAuthority Technologies to help businesses stop information leakage.
Websense executives in November and December told The VAR Guy that the supply chain project was particularly challenging. They hinted that short-term stress, however, would pay long-term dividends.
Wall Street, alas, doesn’t share Websense’s long-term view. The earning’s shortfall sent the company’s stock down more than 12 percent today.
Still, there are indications that the company’s new channel program is taking hold. Stay tuned for details in the next few weeks.