Quest Software, Inc. today announced preliminary financial results for the quarter ended June 30, 2011. Total revenues are expected to be between $201 and $204 million. Based on expected total revenues and preliminary estimates of expenses, pro forma earnings per share are expected to be between $0.22 and $0.24.   

Quest Software also revised previously issued guidance for fiscal year 2011. The growth rate for total revenues is now expected to be between 11% and 12%, and pro forma operating margins are expected to be between 19% and 20%, below the previously announced guidance of 16% growth rate for total revenues and approximately 21% for pro forma operating margins.

“Our previous guidance was based on the expected returns on the increased investments that we have been making in our business, including through recent acquisitions,” said Doug Garn, Quest’s president and chief executive officer. “We have adjusted our guidance to be consistent with our current expectations on the timing and magnitude of the returns on these investments.”

Quest Software will release its financial results for the second quarter of 2011 on Tuesday, August 2, followed by a conference call with analysts and investors at 2 p.m. Pacific Time. The conference call can be accessed via live webcast through the “Company – Investor Relations” section of our website: http://www.quest.com/. A webcast replay will be available on the same website through August 2, 2012. An audio replay of the conference call will also be available through August 7, 2011, by dialing (888) 203-1112 (from the U.S. or Canada) or 719-457-0820 (outside the U.S. and Canada), using confirmation code: 5516543.