logo-loader
Corero Network Security PLC

Corero sees record order intake in second half of 2018

Cyber-security firm Corero Network Security PLC (LON:CNS) expects to report a record final quarter and to roughly halve full-year losses.
Corero CEO Ashley Stephenson tells Proactive London how that growth was catalysed and how is to be sustained alongside a wider expansion roadmap with forays into further geographies.
Group revenue for 2018 is expected to be roughly US$10.0mln, up from US$8.5mln the year before but lower than expected as a result of the longer time required to ramp up new go-to-market partners and secure contracts. News here too on just-inked deals and the significance those contracts will bring to Corero's next four quarters.

Quick facts: Corero Network Security PLC

Price: £0.04

Market: AIM
Market Cap: £15.48 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Corero Network Security PLC named herein, including the promotion by the Company of Corero Network Security PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Corero Network Security bags significant new wins and contract renewals

Andrew Lloyd, president of Corero Network Security PLC (LON:CNS), tells Proactive they've secured several new orders for their cybersecurity technologies to the tune of US$1.2mln. Lloyd says the orders include two for their SmartWall Threat Defense technology with a cloud-based web...

on 3/4/18

2 min read