The FTSE 250 anti-virus software developer reported adjusted revenues of US$211.8mln, up 6.1% year-on-year, while adjusted billings had grown “slightly ahead” of revenue.
Adjusted earnings (EBITDA), meanwhile, were up 5.4% at US$117.5mln, with a margin of 55.5%.
Avast added that in March, it had voluntarily paid down US$200mln of debt.
Looking ahead, Vast chief executive Vince Steckler, who is due to step down at the end of June after 10 years at the helm, said the group’s full-year expectations were unchanged.
The company is targeting “high single digit” adjusted revenue growth in its 2019 fiscal year, and a broadly flat adjusted EBITDA margin.
"The Group's cost-effective user acquisition model and large, global user base of more than 435m users remain key competitive strengths for the business. Our market-leading levels of profitability and strong cash generation mean we continue to execute our growth strategy with confidence,” Steckler said.
Shares were up 2.8% at 292p.