ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CNS Corero Network Security Plc

12.00
-0.25 (-2.04%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Corero Network Security Plc LSE:CNS London Ordinary Share GB00B54X0432 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25 -2.04% 12.00 626,022 12:09:18
Bid Price Offer Price High Price Low Price Open Price
11.50 12.50 12.25 12.00 12.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl USD 20.12M USD 554k USD 0.0011 109.09 61.06M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:25:33 O 75,000 12.00 GBX

Corero Network Security (CNS) Latest News

Corero Network Security (CNS) Discussions and Chat

Corero Network Security Forums and Chat

Date Time Title Posts
25/4/202411:53Corero Network Security890
04/12/201118:54Kaspersky Lab-deal-
20/6/200413:31CONCEALED NAKED SHORTS5
18/8/200223:03What happened to the "Does CLERMAN have a brain " thread?3

Add a New Thread

Corero Network Security (CNS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-26 16:25:3312.0075,0009,000.00O
2024-04-26 15:24:2412.1033,0163,994.94O
2024-04-26 14:55:3412.0449,7925,994.96O
2024-04-26 14:46:1912.0067,4278,091.24O
2024-04-26 14:42:5412.0079,4189,530.16O

Corero Network Security (CNS) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Corero Network Security Daily Update
Corero Network Security Plc is listed in the Computers & Software-whsl sector of the London Stock Exchange with ticker CNS. The last closing price for Corero Network Security was 12.25p.
Corero Network Security currently has 508,828,468 shares in issue. The market capitalisation of Corero Network Security is £61,059,416.
Corero Network Security has a price to earnings ratio (PE ratio) of 109.09.
This morning CNS shares opened at 12.25p
Posted at 25/4/2024 11:53 by edmonda
"Excellent momentum in new orders"

Corero has secured $8m of orders from both existing and new customers in the first four months of FY24E. The group reported a 17% YoY growth rate in annualised recurring revenue (ARR) last year. This level of momentum in orders not only supports our double-digit % growth forecasts, but also validates the Group’s go-to-market strategy.

We are forecasting +13% growth in revenues in FY24E to $25.3m (unchanged), With gross margins high at 90%, the drop through rate of incremental revenues to earnings means that EBITDA margins should reach double digits this year. The stock is free cash flow positive with a forecast FCF margin of 6.7% in FY24E. Net cash balances will continue to grow as a function of this free cash flow growth (+33% to $6.9m in FY24E).

The share price is only just beginning to wake up to the progress made in bringing the business model to maturity, in our view. Trading at the top of its 12 months price range, the stock’s forward rating of only 2.7x EV/Sales in FY24E continues to support our fair value assessment of 14p price/share.

New research note:
Posted at 25/4/2024 08:11 by melton john
Nice to be reminded why we are here and why the price is where it is in case any faint hearts get bored and consider profit taking. More to come, Herberger keeps banging that sales drum.
Posted at 25/4/2024 07:31 by andyview
It just keeps coming, well done cns

Gla
Posted at 18/4/2024 08:30 by andyview
More positive news flow from the CNS camp

Gla
Posted at 11/4/2024 08:52 by melton john
That price graph says take profits if you want to be locked out. Two contracts in as many weeks. Equity Developement are saying worth 14p.
Posted at 03/4/2024 13:22 by skid35
Listened to the recording, seem to really be on the right track and the non exec parking so much cash seemed to underline a share price of 9p. On the RNS, Akamai? What was missing was the ARR growth from the deal.With cash in the bank just watching and waiting here.
Posted at 28/3/2024 11:00 by edmonda
Corero Network Security - Investor Presentation (FY23 Results) - video recording now available

Carl Herberger, CEO, and Phil Richards, CFO, of Corero Network Security plc (AIM: CNS) held an Investor Presentation covering their Full Year results.

Management ran viewers through highlights of the period and progress made in 2023, with a detailed look at the investment case including the significant addressable market and Corero's competitive advantage. The team provided a financial overview, discussed strategy and outlook, and answered a range of questions from investors.

The full investor presentation has been divided into chapters, as below:
0:00:10 About Corero
0:01:32 FY23 – a year of ongoing progress
0:03:59 Investment case
0:12:23 Financial summary
0:15:44 Strategy & Outlook
0:19:49 Questions & Answers

Link:
Posted at 27/3/2024 07:38 by edmonda
"Debt free with growing margins - we upgrade"

For FY23, Corero delivered double digit annualised recurring revenue (‘ARR’) growth; we see this momentum continuing into FY24E and have upgraded our forecasts accordingly.

The retirement of all debt, including an inter-company loan, leaves the balance sheet ungeared and clean of FX movements which made reported margins historically volatile.

We see normalised EBITDA margins of 10%+ going forward and potentially rising further. The growth in revenues leaves the stock trading on a forward rating of only 1.8x EV/Sales. This stock has both defensive and growth qualities which should support a higher rating going forward and we reiterate our fair value of 14p price/share.

Link to new research report:
Posted at 21/9/2023 09:43 by edmonda
In today's H1 results Corero Network Security

- delivered double digit growth in order intake, revenue and ARR

- they don't need to come back to the market for more funding and

- have attractive operational gearing.

In our valuation:

- we assume a conservative 10% rev growth rate in FY23/FY24 (below both historical growth rates for CNS AND market forecasts

- We don't factor in any contribution from major new partnership agreements like the one from Akamai which should have a material impact

Our fair value is double the current share price

Full note here:
Posted at 19/7/2023 10:11 by z1co
Many thanks for posting the link and a nice reaction to the share price.
Corero Network Security share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock