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Pin to quick picksOsirium Tech Share News (OSI)

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IN BRIEF: Osirium shares jump on three-year contract extension

Wed, 03rd Aug 2022 12:12

Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Signs a three-year privileged access management licence extension with an existing customer. The extension represents 30% of the total bookings achieved by the firm in 2021 and has a total value of GBP500,000. The unnamed customer, described as a "global asset manager", commits to use the licence to protect 4,500 devices for another three years. The fee will be reflected in the bookings and cash in the current year, with revenue recognised over the next three years.

Current stock price: 6.54 pence, up 14% in London on Wednesday

12-month change: down 70%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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8 Jul 2022 11:12

Osirium Technologies shares jump on record bookings and revenue

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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17 May 2022 13:22

Osirium signs first United States customer

(Sharecast News) - Cloud-based cybersecurity and automation software company Osirium has signed its first customer in the United States, it announced on Tuesday, via one of its channel partners.

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17 May 2022 12:57

Osirium Technologies wins global investment bank as first US customer

(Alliance News) - Osirium Technologies PLC on Tuesday said it has signed its first US customer, a "global investment bank".

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21 Apr 2022 12:12

IN BRIEF: Osirium shares fall as annual loss widens on rising costs

Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Increases revenue slightly but annual loss widens. Pretax loss expands to GBP3.4 million in 2021 from GBP3.1 million the year before. "The losses of the group have increased slightly following the company emerging from the Covid-19 pandemic and expenditure levels returning to a more normal level," the firm explains.

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6 Apr 2022 17:08

LONDON MARKET CLOSE: European stocks sink as Fed signals tightening

(Alliance News) - The FTSE 100 went into reverse on Wednesday - following global peers - as sentiment was rocked due to worries over tightening US monetary policy.

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5 Apr 2022 11:20

AIM WINNERS & LOSERS: Intercede plunges after profit warning

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

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5 Apr 2022 09:39

IN BRIEF: Osirium shares soar on record quarter for bookings

Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Reports a record quarter for bookings in the first quarter of 2022. "The group is seeing continued growth in contract values and a return to pre-pandemic levels," the company says.

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5 Apr 2022 09:26

Osirium Technologies reports record bookings in Q1

(Sharecast News) - Cybersecurity and IT automation software provider Osirium Technologies saw record bookings in the first quarter of its 2022 trading year, with the group witnessing continued growth in contract values and a return to pre-pandemic levels.

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24 Mar 2022 12:21

IN BRIEF: Osirium Technologies shares rise on contract win with MLCSU

Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Wins contract with the Midlands & Lancashire Commissioning Support Unit for its privileged process automation and privileged access management solutions. MLCSU is a Lancashire, England-based public health department that supports 50 clinical commissioning groups, NHS general practitioner federations, and local authorities. Its privileged process automation solution will be rolled out initially to 600 users and 100 IT servers and systems in general practitioner surgeries at one of MLCSU's clinical commissioning group clients, with the potential for a further rollout in due course. Does not disclose the value of the contract. Privileged access management is a critical cybersecurity tool to separate users from valuable administrator credentials used to manage shared servers, devices, and systems.

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24 Mar 2022 09:05

Osirium Technologies secures contract with MLCSU

(Sharecast News) - Cybersecurity and IT automation software provider Osirium Technologies revealed on Thursday that it has secured a fresh contract win for its privileged process automation and privileged access management solutions.

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2 Mar 2022 15:33

Osirium signals return to pre-pandemic business acquisition levels

(Sharecast News) - Cloud-based cybersecurity technology company Osirium Technologies updated the market on its customer acquisitions to-date in the first quarter on Wednesday, confirming that it had won a total of nine new customers in January and February.

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2 Mar 2022 11:36

AIM WINNERS & LOSERS: Osirium wins contracts; musicMagpie flies lower

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

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11 Feb 2022 16:54

IN BRIEF: Osirium to raise GBP1 million through discounted fundraise

Osirium Technologies PLC - Berkshire, England-based cybersecurity firm - Intends to raise GBP1 million through a placing of 10.6 million shares at 6.0 pence each to secure GBP635,557, and a subscription of 6.1 million shares to net GBP364,443.

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