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Pin to quick picksCorero Network Share News (CNS)

Share Price Information for Corero Network (CNS)

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Share Price: 14.00
Bid: 13.50
Ask: 14.50
Change: 0.00 (0.00%)
Spread: 1.00 (7.407%)
Open: 14.00
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EARNINGS UPDATES: Northcoders swings to profit; AB Dynamics ups payout

Tue, 25th Apr 2023 14:54

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

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Iofina PLC - London-based iodine producer - Posts revenue of USD42.2 million for 2022, up from USD39.0 million in 2021. Pretax profit increases by 96% to USD10.0 million from USD5.1 million, as operating profit increases by 85% to USD9.6 million from USD5.2 million. Adjusted earnings before interest, tax, deprecation and amortisation amount to USD11.5 million, up 65% from USD6.9 million. Chief Executive Officer Tom Becker says "2023 has started well in terms of production from our existing plants and corresponding sales, with the market remaining strong and the company on track to meet its H1 production targets".

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Corero Network Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Revenue for 2022 is USD20.1 million, down from USD20.9 million in 2021. Pretax profit falls to USD404,000 from USD1.4 million, as operating profit drops to USD676,000 from USD1.1 million a year earlier. Order intake, however, is up 13% to USD23.9 million from USD21.2 million. Looking ahead, says encouraged by the 2022 increase in new order intake, as it expects to grow its sales pipeline and revenue in 2023.

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Northcoders Group PLC - Manchester-based software coding training provider - Posts revenue of GBP5.6 million for 2022, up 86% from GBP3.0 million in 2021. Swings to a pretax profit of GBP346,429 from a loss of GBP523,588. Notes "significant growth in demand with 8,470 applications in 2022 compared to 3,662 in 2021. Cost of sales rises to GBP1.7 million from GBP848,392. Looking ahead, says trading to date has been in line with expectations. "We expect further significant growth in the year ahead with the balance weighted to the second half of the year", the firm says.

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AB Dynamics PLC - Bradford-on-Avon, Wiltshire-based testing systems and measurement products for the automotive market - Records revenue of GBP49.0 million for half-period ended on February 28, up 30% from GBP37.8 million a year before. However, pretax profit is down to GBP1.9 million from GBP2.3 million, as net finance expense is increased to GBP1.0 million from just GBP170,000 a year earlier. Declares an interim dividend of 1.94 pence each, up 10% from 1.76p a year prior. Looking ahead, says order book is solid, and keeps its expectations for 2023.

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By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
21 Feb 2024 12:37

Corero enters strategic Latin America partnership

(Sharecast News) - Corero Network Security announced a significant strategic partnership on Wednesday with TechEnabler, a prominent Brazilian network solutions distributor, aimed at bolstering its presence in the Latin American market.

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17 Jan 2024 14:26

Corero Network Security adjusted earnings down in 2023 but revenue up

(Alliance News) - Corero Network Security PLC on Wednesday said it was boosted by demand for its subscription-based distributed denial of service protection as a service products in 2023.

Read more
14 Nov 2023 14:21

TRADING UPDATES: Byotrol interim sales flat; Argo loss narrows

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

Read more
17 Oct 2023 13:27

Corero Network inks USD500,000 deal with satellite service provider

(Alliance News) - Corero Network Security PLC on Tuesday said it has signed a new contract with a "leading" global satellite service provider, its first in the satellite service market.

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17 Oct 2023 12:10

IN BRIEF: Gresham Technologies hires Tribal's Richard Last as chair

Gresham Technologies PLC - London-based software and services provider focused on data integrity and control, banking integration, payments and cash management - Hires Richard Last as independent non-executive chair, effective immediately. Senior Independent Non-Executive Director Andy Balchin has been serving as interim chair since July, having taken over from Peter Simmonds. Last is currently chair of Tribal Group PLC, and a non-executive director at Corero Network Security PLC. He has served as chair at various other firms including Gamma Communications PLC, Hyve Group PLC and Servelec Group PLC. Chief Executive Officer Ian Manocha says Last "brings a wealth of board experience in technology, software, and services."

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2 Oct 2023 12:03

Corero Network Security shares rise as hails "significant orders"

(Alliance News) - Corero Network Security PLC on Monday said it received several "significant orders" from new and existing customers in the third quarter of 2023 for its market-leading SmartWall distributed denial-of-service protection solutions.

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2 Oct 2023 10:15

AIM WINNERS & LOSERS: Thruvision slumps as US government order scarce

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

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2 Oct 2023 09:38

Corero Network Security makes 'strong start' to H2

(Sharecast News) - Cybersecurity firm Corero Network Security said on Monday that it had made a "strong start" to the second half of the year after it generated roughly $2.0m of orders during the third quarter, driven by "significant orders" from both new and existing customers.

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21 Sep 2023 13:05

Corero swings to loss despite improved order intake

(Sharecast News) - Corero Network Security reported a 19% improvement in its first-half order intake on Thursday, reaching $13m.

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21 Sep 2023 12:30

Corero loss widens but says revenue up and pipeline still strong

(Alliance News) - Corero Network Security PLC on Thursday said it is confident in its near-term future despite a widened loss in the first half, and has started its search process for a new chief executive officer.

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20 Sep 2023 21:50

IN BRIEF: Corero Network Security signs partnership with Akamai

Corero Network Security PLC - cybersecurity provider - Announces strategic global partnership with Akamai Technologies Inc, a Cambridge, Massachusetts-based provider of cloud computing, security and content delivery services. Under the partnership, Akamai offers Corero on-premises distributed denial of services protection to extend Akamai Prolexic, which is part of Akamai's portfolio of DDoS security solutions. Corero says: "This partnership will expand Corero's routes to market and deliver incremental revenue growth opportunities for Corero."

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14 Sep 2023 15:43

UK earnings, trading statements calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
14 Sep 2023 15:43

UK earnings, trading statements calendar - next 7 days

Friday 15 September 
Petra Diamonds LtdFull Year Results
VH Global Sustainable Energy Opportunities PLCHalf Year Results
Monday 18 September 
Artisanal Spirits Co PLCHalf Year Results
City of London Investment Group PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Facilities by ADF PLCHalf Year Results
Futura Medical PLCHalf Year Results
Greencoat Renewables PLCHalf Year Results
HgCapital Trust PLCHalf Year Results
Phoenix Group Holdings PLCHalf Year Results
S4 Capital PLCHalf Year Results
Tuesday 19 September 
accesso Technology Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Big Technologies PLCHalf Year Results
C&C Group PLCTrading Statement
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Eagle Eye Solutions Group PLCFull Year Results
Fintel PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
Henry Boot PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Maintel Holdings PLCHalf Year Results
McBride PLCFull Year Results
MyHealthChecked PLCHalf Year Results
Moonpig Group PLCTrading Statement
Naked Wines PLCFull Year Results
Northcoders Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Renishaw PLCFull Year Results
Serica Energy PLCHalf Year Results
SThree PLCTrading Statement
Surgical Innovations Group PLCHalf Year Results
Team17 Group PLCHalf Year Results
Trustpilot Group PLCHalf Year Results
Water Intelligence PLCHalf Year Results
Xaar PLCHalf Year Results
Wednesday 20 September 
Advanced Medical Solutions Group PLCHalf Year Results
ASA International Group PLCHalf Year Results
Destiny Pharma PLCHalf Year Results
Dunelm Group PLCTrading Statement
Epwin Group PLCHalf Year Results
Galliford Try Holdings PLCFull Year Results
GENinCode PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Judges Scientific PLCHalf Year Results
LBG Media PLCHalf Year Results
M&G PLCHalf Year Results
Oxford Biomedica PLCHalf Year Results
PYX Resources LtdHalf Year Results
Round Hill Music Royalty Fund LtdHalf Year Results
Supermarket Income REIT PLCFull Year Results
Ten Entertainment Group PLCHalf Year Results
Warpaint London PLCHalf Year Results
Thursday 21 September 
Aquis Exchange PLCHalf Year Results
Chesnara PLCHalf Year Results
City Pub Group PLCHalf Year Results
Corero Network Security PLCHalf Year Results
CVS Group PLCFull Year Results
DFS Furniture PLCFull Year Results
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Investec PLC and LtdTrading Statement
James Fisher & Sons PLCHalf Year Results
JD Sports Fashion PLCHalf Year Results
Life Science REIT PLCHalf Year Results
Next PLCHalf Year Results
Sondrel Holdings PLCHalf Year Results
SSP Group PLCTrading Statement
Strix Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
13 Jul 2023 10:53

AIM WINNERS & LOSERS: Corero rises on strong interim revenue growth

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

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13 Jul 2023 09:50

Corero shares jump on interim revenue growth and customer wins

(Alliance News) - Corero Network Security PLC on Thursday said trading for the first half of the year was strong and in line with its expectations.

Read more

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