Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

14.93p
   
  • Change Today:
    -0.071p
  • 52 Week High: 15.00
  • 52 Week Low: 5.75
  • Currency: UK Pounds
  • Shares Issued: 501.53m
  • Volume: 0
  • Market Cap: £74.87m

Corero secures two orders for its SmartWall products worth more than $400k

By Michele Maatouk

Date: Wednesday 03 Jan 2018

LONDON (ShareCast) - (ShareCast News) - AIM-listed network security company Corero Network Security said on Wednesday that it has secured two new orders worth more than $400,000 for SmartWall products and related one-year support services.
The group's SmartWall Threat Defense System 100Gbps technology has been selected by two North American customers, a service provider and a hosting provider, to deliver real-time distributed denial of services (DDoS) protection to their respective end-customers.

Coreror said the 100Gbps product (the SmartWall NTD1100) extends its real-time DDoS mitigation leadership position by delivering line-rate protection at 100Gbps. All SmartWall products share a common management and data analytics platform ensuring efficient management and consistent protection across a customer's network.

Corero president Andrew Lloyd said: "These customer wins mark an important milestone for our SmartWall product. We see growing adoption of 100Gbps connections, which in turn is driving demand for our SmartWall NTD1100 product.

"We expect this demand for our unique technology to accelerate in 2018 as these faster 100Gbps links combined with increasing end-user service-level expectations require a DDoS mitigation technology refresh. Corero is well placed to service these needs and to benefit from this trend."

At 1100 GMT, the shares were up 8.1% to 6.89p.

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CNS Market Data

Currency UK Pounds
Share Price 14.93p
Change Today -0.071p
% Change -0.48 %
52 Week High 15.00
52 Week Low 5.75
Volume 0
Shares Issued 501.53m
Market Cap £74.87m

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.32% below the market average6.32% below the market average6.32% below the market average6.32% below the market average6.32% 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
94.08% above the market average94.08% above the market average94.08% above the market average94.08% above the market average94.08% 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
54.86% below the market average54.86% below the market average54.86% below the market average54.86% below the market average54.86% 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

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CNS Key Personnel

CEO Carl Herberger

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