Oct 2 (Reuters) – Cyber-security software maker Sourcefire
Inc said Chief Executive John Burris will step down
effective immediately, three months after he had taken medical
leave of absence to undergo treatment for colon cancer.
Founder and Chief Technology Officer Martin Roesch, who had
taken over since Burris went on leave, will continue to serve as
interim CEO while the board conducts a CEO search.
Sourcefire also said it expects third-quarter revenue and
adjusted earnings per share to be slightly above the high end of
its earlier forecast range.
The company had in July said it expects third-quarter
adjusted earnings of between 19 cents and 21 cents per share, on
revenue of between $54 million and $56 million.
Analysts were expecting adjusted earnings of 21 cents per
share, on revenue of $55.6 million, according to Thomson Reuters
I/B/E/S.
Sourcefire is scheduled to report third-quarter results on
Oct. 30.
Shares of the company, which has a market value of about
$1.45 billion, closed at $47.96 on the Nasdaq on Tuesday.
