Describing itself as “a leading provider of DDoS protection solutions”, Corero Network Security (CNS) has issued a “Q3 2026 Commercial Update” emphasising “Q3 2026 orders: up 50% to $11.1 million… YTD orders: up 28% to $25.4 million”. What about the shares currently up to above 14p in response?
Corero Network Security (CNS) has issued a “Customer Wins” announcement headlined “Significant New Customer Contract Win with UK-based Tier-1 Telecommunications Provider. Corero Extends New Customer Success in NeoCloud Space”. What though of a current share price response more than 10% up to 8p?
Describing itself as “a leading provider of DDoS protection solutions”, Corero Network Security (CNS) has issued a trading update headlined “Strong order intake and revenue growth underpins operational progress. Post period end, secured a new customer contract worth $1.4 million with Tier-1 service provider in US”. What about that from a current below 9p share price, comparing to above 13p earlier this year?
‘DDoS protection specialists’ Corero Network Security (CNS) has issued a “Trading Update” headlined “FY 2025 EBITDA expected to exceed guidance with FY 2025 revenues at the upper end of guidance”. What are the trading details compared to the valuation at a share price currently responding 17.5% higher to 11.75p?
An announcement today from Corero Network Security (CNS) includes arguing that the various external large outages this year “were reminders that the very nature of DDoS attacks has changed, and… legacy tools react too late, cannot see into encrypted traffic, and struggle at the application layer. When attacks come from multiple directions at once, coordination breaks down. This is the kind of environment Corero’s platform, anchored by SmartWall ONE, was built for”. So a good 2025 financial performance and outlook then?
Most recently writing on company describing itself as “distributed denial of service protection specialists” Corero Network Security (CNS), in April with the shares down to 16p I questioned its emphasised swing to profit and concluded the valuation still meant my stance was avoid/sell. There’s today from the company a “Half Year Trading Update” headlined “Strong ARR growth of 25%, reflecting continued momentum towards SaaS model. Shift in revenue mix with higher DDPaaS sales supports long-term revenue predictability and customer retention rates”. So what about a current heading towards 9p share price in response, down more than 35% on the day?!
Describing itself as “a leading provider of DDoS protection solutions”, Corero Network Security (CNS) has announced its results for the 2024 calendar year including emphasising “solid topline growth and continued ARR momentum… Revenue increased by 10% to $24.6 million… Profit before taxation of $0.6 million (2023: loss $0.2 million)… Solid start to FY 2025, delivering customer wins across the globe, contract expansion with alliance partner Juniper Networks”. So what about a current more than 4% lower share price response to 16p?
Corero Network Security (CNS) has issued a “Continued Q3 2024 New Customer Momentum”-titled announcement and what of the shares currently 7.5% higher at 20.7p in response?
Previously writing on company which describes itself as “a leading provider of distributed denial of service protection solutions” Corero Network Security (CNS), in April I wrote 2022 results, “now well placed to expand its market coverage and increase sales”? Er, what about that cash burn?!. What do half-year 2023 results now show?
Describing itself as “a leading provider of Distributed Denial of Service protection solutions”, Corero Network Security (CNS) has announced results for the 2022 calendar year including emphasising “annualised recurring revenues up 13% to $14.4 million… Large and high growth addressable market… now well placed to expand its market coverage and increase sales”. So what of a share price currently further down to 6.65p?
On 17th January, as Corero (CNS) buried yet another dire warning in a bullshit trading statement, I pondered what CEO Lionel Chmilewsky would be earning as his total screw for 2022. Today we are told that this fat cat value destroyer has “resigned to pursue other opportunities.” In truth he “was resigned”.
How many times has cyber security group Corero Networks (CNS) lead its shares up the hill with ramptastic announcement after ramptastic announcement only to admit that it was running out of money, needed to do yet another bailout placing and seen its shares slide back down the hill again? Corero has been listed since 1997….
Previously writing on cyber network security company Corero (CNS), last month with the shares at 10.5p I concluded that the bottom-line outlook and half-year financials saw me continue to avoid. The shares last closed at 11.25p but are currently back at 10.5p on a trading update, so what’s the latest?
