Corero Network Share News (CNS)

Canaccord Genuity hits Corero Network Security with 'speculative buy' rating

(Sharecast News) - Analysts at Canaccord Genuity issued security systems services firm Corero Network Security with a 'speculative buy' rating and 10.0p target price on Tuesday after placing the stock under review.

UK earnings, trading statements calendar - next 7 days

Corero announces key customer wins as orders secured for SmartWall

(Alliance News) - Corero Network Security PLC said on Thursday it received "significant" orders from new and existing customers for its SmartWall service.

AIM WINNERS & LOSERS: Corero rises on USD2.0 million order wins

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Corero Network Security scores multiple 'significant orders'

(Sharecast News) - Cyber defence group Corero Network Security has secured "significant orders" from both new and existing customers for its SmartWall distributed denial of service protection solutions and services.

IN BRIEF: Corero Network CEO Chmilewsky to resign later this month

Corero Network Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Says Chief Executive Officer Lionel Chmilewsky will resign on February 28 to "pursue other opportunities" after joining the role in July, 2020. Says he will remain with Corero until May 31 to ensure a smooth handover.

TRADING UPDATES: Genel Energy likes high oil price; Cooks Coffee grows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Corero Networks hires Philip Richards as new CFO

Corero Networks Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Hires Philip Richards as its new chief financial officer to join on November 21. Philip is currently the senior vice president of finance at UK-Swedish based gaming company Kambi Group PLC.

IN BRIEF: Corero Network shares down despite expected intake growth

Corero Network Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Expects order intake for 2022 to remain strong with growth of between 15% and 25% from USD21.2 million in 2021. Notwithstanding the expected growth in order intake, Corero estimates that 2022 revenue to show growth of between 5% and 10% from USD20.9 million a year ago. Says it has seen "customer decision making and buying cycles being extended, which has impacted customer order timing as we approach the end of the financial year and the resultant ability to recognise the revenue in the current period". Expects full-year adjusted earnings before interest, tax, depreciation and amortisation to be between USD1.0 million and USD2.0 million, down from USD4.1 million a year ago. This reflects the "expected growth from the first half and the previously described investments in sales and marketing", Corero explains.

TRADING UPDATES: Trackwise Designs wins deal; Cake Box names CFO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

IN BRIEF: Corero Network shares up on higher interim revenue

Corero Network Securities PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Posts revenue of USD8.8 million for the six months to June 30, up 6.0% from USD8.3 million a year earlier. Pretax loss narrows to USD325,000 from USD1.2 million, as operating expenses decline by 8.3% to USD7.7 million from USD8.4 million.

UK earnings, trading statements calendar - next 7 days

Corero appoints Non-Executive Andrew Miller as interim CFO

(Alliance News) - Corero Network Security PLC on Friday said it has appointed Andrew Miller as its interim chief financial officer.

Corero Network Security names Andrew Miller as interim CFO

(Sharecast News) - Cybersecurity firm Corero Network Security has tapped Andrew Miller to take over as interim chief financial officer.

Corero achieves record interim performance as order intake rises

(Alliance News) - Corero Network Security PLC on Tuesday reported record half-year performance as it anticipates further growth in 2022.