||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Corero Network Share Discussion Threads
Showing 526 to 545 of 550 messages
|Placing on the way !!!!!!|
|Another good day here lol|
|We will see , corero is running out of cash, simple|
|And by the way you started the fun to make your small mind feel better|
|Lol yes you must , just like flx , you've got it wrong and your bitter , like wounded animals ,|
|You like to visit tern mr jones can run them down I'm returning the favour , if you can't take it don't give it , and I don't believe your old enough for one night stands lol|
|13 Jan '17 - 16:55 - 509 of 510 1 0
You,re becoming quite the little troll aren't you!
Like one of them one night stands you just can't shake off.....:-))))|
|A placing is likely to occur before next May. CNS like a lot of these, 'security' type AIM minnow companies, seem to struggle to gain profitability. However, CNS do get contracts and give regular announcements unlike certain other companies.
This one has an interesting offering but I'd like clarity over finances before investing here.|
You,re becoming quite the little troll aren't you!|
|Placing on the way !!!!!!|
|Market don't think so!!!!!|
|So an increase in their historic business and a good start to the as-a-service product. Much more to come methinks.|
|Lol need more cash first|
|RNS Number : 2696T
Corero Network Security PLC
04 January 2017
4 January 2017
Corero Network Security plc
("Corero" or the "Company")
DDoS protection "as-a-service" revenue model wins
Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that it has won five "as-a-service" subscription-based contracts for its DDoS protection products and technology in the final quarter of 2016, with an aggregate annualised contract value of $0.3 million.
The "as-a-service" offering was introduced in response to increasing customer interest in subscription-based contracts in contrast to the purchase of equipment under a traditional perpetual license model. This "as-a-service" offering is expected to expand Corero's addressable market and is proving popular with fast-growing Cloud hosting providers and regional service providers who can enter the market more rapidly by offsetting the costs of operating a DDoS protection solution with the monthly revenues derived from selling these high margin security services to their own customers.
This "as-a-service" sales model, which was introduced in the fourth quarter of 2016, reduces recognised revenue at the time of the initial customer order but increases the contract value and recurring revenues over the life of the deal.
Corero also enjoyed an increase in perpetual license model revenue billings in the fourth quarter of 2016.
An update on trading for the year to 31 December 2016 will be provided ahead of the full year results announcement.
Ashley Stephenson, CEO of Corero, commented:
"As reported in the Interim Results announcement in September, we anticipated an increase in customers seeking to utilise Corero's DDoS Protection products and technology via an "as-a-service" subscription-based offering, thereby increasing Corero's addressable market. We are pleased with these initial customer wins and see an increasing opportunity to add incremental subscription-based customers in 2017 which will serve to boost our recurring revenue base."|
|this will get things moving ?yes good news|
|Great appointment and start to the new year....:-))|
|I wish you well.....:-)|
|And you believe I haven't made money out of them lol stick to flx and corero at tthese prices I've been topping up on tern , let's see what nexst year brings|
|Then stay of the tern thread no one cares there either happy Christmas|
|Tialouise I'll try my very best to say this nicely nobody cares what you think sweetheart,sorry but they don't ....you take care and have lovely Christmas....:-)))|