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.
Five contracts secured in the first three months of 2022 are each at a larger value than any individual contract the firm signed in the financial year 2021, Osirium explains. Its partner ITHealth delivered over GBP300,000 of business in the period, it adds.
"We've seen increasing demand for our PAM IT security capabilities along with a return to pre-pandemic contract values," comments David Guyatt, Chief Executive Officer of Osirium.
The value of its multi-solution suite centred around privileged production is coming to the fore, Osirium says.
Current stock price: 8.14 pence, up 28% on Tuesday
12-month change: down 65%
By Tom Budszus; tombudszus@alliancenews.com
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Osirium Tech (OSI)