The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCorero Network Share News (CNS)

Share Price Information for Corero Network (CNS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.00
Bid: 13.50
Ask: 14.50
Change: 0.00 (0.00%)
Spread: 1.00 (7.407%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 14.00
CNS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Corero Network Security Wins Two Software Orders Worth USD900,000

Wed, 14th Mar 2018 12:54

LONDON (Alliance News) - Corero Network Security PLC said Wednesday it had received two orders for its digital security software worth a combined USD900,000 set to begin in 2018.

Corero received one new order for its SmartWall Threat Defense System as well as a customer order which had been delayed to 2018, as originally announced in late December.

The new order is worth USD500,000 over three years and is from a "market leading UK based multi-brand media company". The order came after a successful proof of concept trial.

A further USD400,000 order came from an existing customer and also runs for three years. Further additional orders are expected from this customers in 2018 as part of its "global expansion."

"We are delighted to have secured two significant pieces of business, further demonstrating that Corero's technology is providing an increasing number of digital enterprises with real-time DDoS mitigation solutions in response to the rampant growth of commercial and industrial cybercrime," Corero President Andrew Lloyd said.

"We are steadily building a strong pipeline of new business opportunities and believe the recent escalation in DDoS attacks globally will continue underpin this demand", Lloyd added.

In late December, Corero forecast it would generate between USD8.5 million and USD9.0 million in revenue in 2017, compared to USD8.8 million the prior year.

Shares in Corero were 0.4% lower at 5.60 pence on Wednesday.

More News
2 Jul 2018 10:25

Corero Network Security Receives USD500,000 Order For SmartWall System

LONDON (Alliance News) - Corero Network Security PLC said Monday it received a USD500,000 order for its SmartWall security system.The order comes from an unnamed North American service and

Read more
27 Apr 2018 16:47

Miton Group More Than Triples Stake In Corero Network Security (ALLISS)

LONDON (Alliance News) - Corero Network Security PLC said Friday Miton Group PLC has taken its interest in the company to 15.9%.Prior to Thursday's transaction, Miton had a 5.3% stake

Read more
26 Apr 2018 16:02

Corero Network Security Enters GBP3.0 Million Debt Facility

LONDON (Alliance News) - Corero Network Security PLC said on Thursday it has entered a new debt facility that will provide it with additional finance of up to GBP3.0 million, subject to the of the

Read more
9 Feb 2017 16:09

Corero finishes year 'strong'

(ShareCast News) - Network security company Corero Network Security provided an update on trading for the year to 31 December on Thursday. The AIM-traded company said it ended the year strongly, with record final quarter SmartWall order intake with 15 new customers added, including five new 'as-a-se

Read more
9 Feb 2017 08:09

Corero Wins Contract, To Report Narrowed Loss For 2016

Read more
4 Jan 2017 14:35

Pivot to service-based model paying off for Corero

(ShareCast News) - Network security company Corero Network Security announced on Wednesday that it has won five 'as-a-service' subscription-based contracts for its DDoS protection products and technology in the final quarter of 2016, with an aggregate annualised contract value of $0.3m. The AIM-trad

Read more
3 Oct 2016 07:23

Corero Wins USD600,000 Worth Of Orders From Gambling Customers

Read more
9 Sep 2016 16:03

Corero issues 6,666 shares as options are exercised

(ShareCast News) - Corero Network Security announced on Friday that it has allotted and issued 6,666 ordinary shares of 1p each in the capital of the company following the exercise of options. The AIM-traded company has made application for the 6,666 new ordinary shares to be admitted to trading on

Read more
4 Jul 2016 06:56

Corero Network Security Wins USD400,000 In SmartWall System Orders

Read more
23 May 2016 06:47

Corero Network Security Wins USD300,000 Order From US Mobile Firm

Read more
26 Apr 2016 08:00

Corero Network Security Wins SmartWall System Deal In Germany

Read more
21 Apr 2016 07:13

Corero Raises GBP8 Million As It Reports Slightly Widened Loss (ALLISS)

Read more
14 Apr 2016 15:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
4 Apr 2016 07:16

Corero Wins SmartWall Order From European Hosting Provider

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.