Last checked at 6 Nov 2014 11:46
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Corero Network Share News (CNS)
CNS Share
Price
CNS Share
News
CNS Share
Chat
CNS Share
Trades12
CNS
Live RNS
CNS Share
Charts
CNS Level 2
Console
CNS Live
Share Price
CNS Broker
Ratings
CNS Directors
Deals
CNS Financial
Diary
CNS
Fundamentals
CNS Short
Positions
CNS
Media
Corero Network Information
Share Price Information for Corero Network (CNS)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
14.75
Bid:
14.50
Ask:
15.00
Change:
0.00 (0.00%)
Spread:
0.50 (3.448%)
Open:
14.75
High:
15.00
Low:
14.75
Prev. Close:
14.75
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Corero Network Security narrows loss as SmartWall sales leap
Thu, 11th Apr 2019 08:27
(Sharecast News) - Corero Network Security on Thursday reported a narrowed annual loss after an improvement in revenue driven by sales of its SmartWall technology.The network security outfit recorded a loss before tax of $5.2m for 2018, down 39% compared to the year before, as revenue increased by 17% to $10.0m as sales from SmartWall, the AIM traded company's DDoS mitigation solution, grew by 23%.Recurring revenue, comprised of security maintenance and support services and DDoS protection as-a-service revenue, increased to 51.1% of total revenue compared 47.1% back in 2017.Ashley Stephenson, chief executive of Corero, said: "2018 was a year of continued strategic progress for Corero, culminating in the signing of a landmark resale partnership with Juniper Networks, a US-based industry leader in automated, scalable and secure networks. Not only does this agreement provide an additional route to market for our products but it also serves as a significant endorsement of our SmartWall technology."The company secured its first revenue generating order from the resale partnership in March 2019 and said that a "strong" pipeline of further resale opportunities is developing.Corero had cash and cash equivalents of $8.0m at 31 December, up from $1.4m at the same point the year before, after it raised $5.3m in April 2018 from an equity placing and subscription, $3.9m from a bank term loan concluded in the same month and drawn down in May 2018, and $2.0m from an equity subscription by Juniper Networks in October 2018."Corero continues to be well positioned to deliver on its goal of becoming the leading player in the real-time DDoS mitigation market, with over 100 customers and a growing number of go-to-market partners. We remain focused on delivering strong revenue growth and committed to achieving our stated goal of being EBITDA positive and cash generative by the end of the year," said Stephenson.Corero Network Security's shares were unchanged at 8.25p at 1110 BST.
More News
18 Jun 2014 11:47
UK MIDDAY BRIEFING: BOE Policy Makers Still Unanimous
LONDON (Alliance News) - Bank of England policymakers unanimously decided to leave the key interest rates and asset purchase programme unchanged at the monetary policy meeting held on June 4 and 5, the minutes of the meeting showed Wednesday.
All nine members of the Monetary Policy
18 Jun 2014 11:24
UK WINNERS & LOSERS: Iraq Crisis Lifts Oil Prices, Oil Companies
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
-------
FTSE 100 - WINNERS
-------
Royal Dutch Shell, up 1.9%. The oil major and state-owned China National Offshore Oil Corpor
18 Jun 2014 11:05
Corero Network Security secures first order for its Line of Defence solution
AIM-listed security solutions provider Corero Network Security announced it has secured its first largest Line of Defence solution contract for £0.5m. The order will provide protection for an unnamed Wall Street financial service firm and compromises several of the group's DDoS system and SecureW
Read more18 Jun 2014 07:24
Corero Network Security Up After Biggest Ever Denial Of Service Contract Win
LONDON (Alliance News) - Corero Network Security PLC saw its shares rise Wednesday after it won its largest ever contract win for its product that protects networks and devices from so-called denial-of-service attacks. In a statement, Corero said the order with an unnamed US financial servi
Read more7 May 2014 13:54
Corero Network Security Appoints New Technology Strategist
LONDON (Alliance News) - Corero Network Security PLC Wednesday said it has appointed David Larson, previously Hewlett-Packard's chief technology officer, to the role of chief technology officer and vice president of product. In a statement, Corero Network Security said Larson will direct it
Read more7 May 2014 13:10
UK MIDDAY BRIEFING: HSBC Profit Slides, Sainsbury Holding Out
LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.
In a
7 May 2014 12:07
UK WINNERS & LOSERS: Legal & General Leads On Confidence In Annuities
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
-------
FTSE 100 - WINNERS
-------
Legal & General Group, up 3.2%. The group said it expects to write more
10 Apr 2014 12:37
Corero sees 40 per cent jump in sales order intake
Corero Network Security, a network security company and provider of security protection, has seen a 40 per cent year-on-year increase in its sales order intake for the three months to March 31st. In the three-month period, Corero secured seven orders exceeding $100,000 from both new and existing c
Read more10 Apr 2014 10:07
Corero Order Intake Boosted By New Business Wins
LONDON (Alliance News) - Corero Network Security PLC Thursday said its order intake was up about 40% on the year in the three months to end-March, in line with its expectations, after it secured seven orders exceeding USD100,000 from new and existing customers, compared with three in the same per
Read more25 Mar 2014 15:18
Corero Pretax Loss Widens As Revenue Hit By Business Transition
LONDON (Alliance News) - Security software company Corero Network Security PLC Tuesday posted a widened pretax loss for 2013, as it saw revenue decline due to the transition of the focus of its business. The company posted a pretax loss of USD8.9 million, widened from a pretax loss of USD8.
Read more4 Feb 2014 11:03
Corero Network Security Introduces Threat Defense System
LONDON (Alliance News) - Corero Network Security PLC said Tuesday it has introduced the Corero SmartWall Threat Defense System for service providers. The network security provider said the 'SmartWall' family of products enables service providers to deliver First Line of Defense security ser
Read more