Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

21.30p
   
  • Change Today:
    -0.20p
  • 52 Week High: 27.50
  • 52 Week Low: 8.00
  • Currency: UK Pounds
  • Shares Issued: 512.17m
  • Volume: 286,865
  • Market Cap: £109.09m
  • Beta: 0.34

Corero closes out Q2 with 'significant new orders'

By Iain Gilbert

Date: Wednesday 10 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Network security specialists Corero has received "significant new orders" for its SmartWall ONE distributed denial of services protection solutions to close out the second quarter.
Corero said on Wednesday that the orders, which have a total contract value of $2.2m, were with four new customers, three of which were based in North America and one in the UK.

Chief executive Carl Herberger said: "These key customer wins build on our continued new business momentum generated throughout Q2 2024, with all four choosing to replace their existing solutions with Corero's market-leading SmartWall ONE technology.

Securing these significant new mandates completes a successful half-year period for the company and provides a strong base from which we can further grow our global market presence and enhance our service offering in the remainder of the year and beyond."

As of 1050 BST, Corero shares were up 5.44 % at 19.77p.









Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CNS Market Data

Currency UK Pounds
Share Price 21.30p
Change Today -0.20p
% Change -0.93 %
52 Week High 27.50
52 Week Low 8.00
Volume 286,865
Shares Issued 512.17m
Market Cap £109.09m
Beta 0.34

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.15% below the market average86.15% below the market average86.15% below the market average86.15% below the market average86.15% below the market average
52.5% below the sector average52.5% below the sector average52.5% below the sector average52.5% below the sector average52.5% below the sector average
Price Trend
98.19% above the market average98.19% above the market average98.19% above the market average98.19% above the market average98.19% above the market average
97.70% above the sector average97.70% above the sector average97.70% above the sector average97.70% above the sector average97.70% above the sector average
Income Not Available
Growth
52.58% below the market average52.58% below the market average52.58% below the market average52.58% below the market average52.58% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CNS Dividends

No dividends found

Trades for 22-Nov-2024

Time Volume / Share Price
15:47 26,698 @ 21.10p
15:44 9,156 @ 21.02p
15:22 6,166 @ 21.02p
15:13 30,000 @ 21.00p
15:13 30,000 @ 21.00p

CNS Key Personnel

CEO Carl Herberger

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