We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 19.50 | 19.00 | 20.00 | 19.50 | 19.50 | 19.50 | 227,596 | 07:47:20 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computers & Software-whsl | 22.35M | -170k | -0.0003 | -650.00 | 99.22M |
Wednesday 24 July 2024
Company posts 16% YoY growth with increases in ARR and bookings
LONDON, July 24, 2024 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced its financial results for the first half of 2024. The company reports 16 percent YoY revenue growth, reflecting continued strong performance and strategic progress.
Corero achieved significant year-over-year growth in Annual Recurring Revenue (ARR) from its subscription services and DDoS Protection-as-a-Service (DDPaaS). Additionally, the company saw substantial increases in bookings during the first half of the year, driven by the rising demand for its cutting-edge DDoS protection solutions.
H1 business highlights include:
"We are pleased to report that Corero is on plan and has built strong momentum as we enter the second half of the year," said Carl Herberger, CEO of Corero Network Security. "Our consistent growth in ARR and bookings underscores the market's recognition of the value and effectiveness of our DDoS protection solutions. We are confident in our ability to continue delivering robust performance and value to our shareholders."
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB Market (OTCQB: DDOSF).
View original content to download multimedia:https://www.prnewswire.com/news-releases/corero-network-security-announces-h1-financial-results-302204676.html
SOURCE Corero Network Security
Copyright 2024 PR Newswire
1 Year Corero Network Security Chart |
1 Month Corero Network Security Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
