Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

21.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 27.50
  • 52 Week Low: 8.00
  • Currency: UK Pounds
  • Shares Issued: 512.17m
  • Volume: 240,665
  • Market Cap: £110.12m
  • Beta: 0.34

Corero Network Security Q3 new orders total $6m

By Iain Gilbert

Date: Monday 07 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Cybersecurity firm Corero Network Security said on Monday that it has experience continued new customer momentum in Q3, with total orders in the quarter reaching $6.0m.
Corero said new orders were secured both in existing markets and new, strategic geographies such as the Middle East and Latin America. Six additional new customer wins were delivered in the quarter, resulting in sixteen new customers in total to date in 2024.

As a result, the AIM-listed group stated year-to-date total orders now sit at $20.2m.

Chief executive Carl Herberger said: "I am thrilled to welcome our new customers and delighted that we continue to grow with our existing clients. Renewals and upgrades demonstrate that we are successfully delivering on our customer promises and, collectively, these deals underline the market-leading capabilities of our cutting-edge SmartWall ONE solution.

"Our continued new customer win momentum since H1 2024 demonstrates the ongoing success of our accelerated go-to-market strategy and highlights Corero's increasing ability to compete across the global market."

As of 1135 BST, Corero shares were up 3.85% at 19.99p.













Reporting by Iain Gilbert at Sharecast.com

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CNS Market Data

Currency UK Pounds
Share Price 21.50p
Change Today -1.00p
% Change -4.44 %
52 Week High 27.50
52 Week Low 8.00
Volume 240,665
Shares Issued 512.17m
Market Cap £110.12m
Beta 0.34

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86% below the market average86% below the market average86% below the market average86% below the market average86% below the market average
55% below the sector average55% below the sector average55% below the sector average55% below the sector average55% below the sector average
Price Trend
98.67% above the market average98.67% above the market average98.67% above the market average98.67% above the market average98.67% 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
52.55% below the market average52.55% below the market average52.55% below the market average52.55% below the market average52.55% 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 21-Nov-2024

Time Volume / Share Price
14:50 4,574 @ 21.75p
13:43 53,464 @ 21.50p
14:37 41,318 @ 21.77p
11:02 1,519 @ 21.77p
10:53 9,156 @ 21.80p

CNS Key Personnel

CEO Carl Herberger

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