Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

15.36p
   
  • Change Today:
      0.36p
  • 52 Week High: 15.40
  • 52 Week Low: 5.75
  • Currency: UK Pounds
  • Shares Issued: 501.53m
  • Volume: 37,719
  • Market Cap: £77.02m

Corero selected to protect unnamed US federal agency

By Josh White

Date: Wednesday 28 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Network security company Corero Network Security announced on Wednesday that its 'SmartWall' Threat Defense System technology had been selected to protect an unnamed, "high profile" US Federal Government agency.
The AIM-traded firm said the $0.4m order would provide distributed denial-of-service (DDoS) attack mitigation capacity for a number of the agency's sites, delivering up to 200 Gbps of always-on protection.

It said the solution comprised multiple Corero SmartWall products, with supporting 'SecureWatch' services for one year.

The Corero board claimed that awareness of the threat posed by short duration DDoS attacks was growing, and as a result its target market for the scalable SmartWall solution was expanding beyond service providers and hosting providers to include increasing numbers of digital enterprises and government departments seeking always-on DDoS mitigation technologies.

"We are delighted to welcome the US Federal Government as a Corero customer," quipped CEO Ashley Stephenson.

"This purchase follows a demanding trial period in which our SmartWall product successfully provided real-time DDoS protection across notable national projects run by the agency concerned, defeating several significant attacks."

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CNS Market Data

Currency UK Pounds
Share Price 15.36p
Change Today 0.36p
% Change 2.38 %
52 Week High 15.40
52 Week Low 5.75
Volume 37,719
Shares Issued 501.53m
Market Cap £77.02m

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.46% below the market average6.46% below the market average6.46% below the market average6.46% below the market average6.46% below the market average
58.02% above the sector average58.02% above the sector average58.02% above the sector average58.02% above the sector average58.02% above the sector average
Price Trend
93.96% above the market average93.96% above the market average93.96% above the market average93.96% above the market average93.96% above the market average
89.01% above the sector average89.01% above the sector average89.01% above the sector average89.01% above the sector average89.01% above the sector average
Income Not Available
Growth
55.11% below the market average55.11% below the market average55.11% below the market average55.11% below the market average55.11% below the market average
69.41% below the sector average69.41% below the sector average69.41% below the sector average69.41% below the sector average69.41% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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CNS Dividends

No dividends found

Trades for 13-Jun-2024

Time Volume / Share Price
09:51 29,500 @ 14.81p
08:12 3,388 @ 14.81p
08:03 4,831 @ 15.40p

CNS Key Personnel

CEO Carl Herberger

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