AVG announced its first quarter results on May 10.

“AVG’s solid execution across the board drove strong first quarter financial results and marked a healthy start to 2012. We are pleased with our financial performance and the fact that we have exceeded our Q1 expectations,” stated J.R. Smith, chief executive officer of AVG. “During the quarter, we grew our user base, increased our revenue per average active user and enhanced our portfolio of products and services, adding new features, such as Do Not Track.”

Click here for AVG’s full first quarter 2012 results