Shearwater Share News (SWG)

Shearwater shares fall as misses annual market expectations

(Alliance News) - Shearwater Group PLC shares dropped on Wednesday, after it said its financial 2024 results are below expectations.

Shearwater subsidiary wins two significant contracts

(Sharecast News) - Cybersecurity, advisory, and managed security services provider Shearwater Group announced two significant contracts won by its subsidiary Brookcourt Solutions on Thursday.

Shearwater shares jump as wins two "key" contracts

(Alliance News) - Shearwater Group PLC on Thursday said that its subsidiary Brookcourt Solutions has secured two key contract wins.

EARNINGS AND TRADING UPDATES: Wishbone Gold celebrates project buy

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

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Shearwater hires former Yell finance chief as interim CFO

Shearwater Group PLC - London-headquartered cybersecurity services provider - Announces appointment of Adam Hurst as interim chief financial officer on an initial six-month contract. Outgoing CFO Paul McFadden will remain for a transition period. Hurst will join Shearwater's board in due course. He previously was CFO at Yell Ltd from January 2021 to June this year. Other former roles include divisional CFO at Entertainment One Ltd from 2015 to 2018, and group financial controller at Tate & Lyle PLC. Chair David Williams says Shearwater is "delighted...to have secured the services of such an experienced chief financial officer".

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Fulcrum Metals finds uranium oxides at Charlot-Neely

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

Shearwater swings to loss on tough market backdrop as CFO to step down

(Alliance News) - Shearwater Group PLC on Tuesday reported an almost GBP10 million loss in a "challenging" year for cybersecurity firms, but said its prospects look stronger going forward.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: FTSE dips then regains lost ground after Powell

(Alliance News) - Blue-chip European markets ended higher on Friday but faced afternoon selling pressure as slightly hawkish words from Federal Reserve Chair Jerome Powell at Jackson Hole hurt investor sentiment.

Shearwater shares surge on strong first quarter despite results delay

(Alliance News) - Shearwater Group PLC on Friday announced that its annual results have been delayed until next month, but reported an improved performance in the recent first quarter.

AIM WINNERS & LOSERS: Panthera Resources secures litigation financing

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

Shearwater to publish delayed final results on 5 September

(Sharecast News) - Cybersecurity, advisory, and managed security services provider Shearwater Group announced an alteration to the release schedule for its final results for the year ended 31 March on Friday.

IN BRIEF: Shearwater expects full year revenue to drop by a quarter

Shearwater Group PLC - London-based cybersecurity services provider - Expects revenue for the year ended March 31 to be around GBP27.0 million, down 25% from GBP35.9 million a year prior. Adjusted earnings before interest, tax, depreciation and amortisation is expected to breakeven at GBP4.4 million. Says net cash position at March 31 was GBP4.0 million. Adds, it continues to maintain a healthy balance sheet, which will be strenghtend by cash generation in financial 2024. Looking ahead, Shearwater expects to deliver sustainable revenues and profit growth, noting strong pipeline across banking and telecom sectors.