Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.75p
   
  • Change Today:
    -0.25p
  • 52 Week High: 27.50p
  • 52 Week Low: 8.75p
  • Currency: UK Pounds
  • Shares Issued: 512.17m
  • Volume: 427,106
  • Market Cap: £49.94m

Corero Network Security scores multiple 'significant orders'

By Iain Gilbert

Date: Thursday 13 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Cyber defence group Corero Network Security has secured "significant orders" from both new and existing customers for its SmartWall distributed denial of service protection solutions and services.
Corero said on Thursday that the orders, all of which fall within its "ideal customer profile", total $2.0m over the course of the contracts - roughly $380,000 per customer.

The AIM-listed group will provide its services to a cloud computing and services provider, an outsourced IT infrastructure and managed services group, a rural-focussed provider of internet and telephony services, a regional internet and telephony services provider, and an international online gaming company.

Chairman Jens Montanana said: "We are pleased to have delivered a number of key customer wins in Q1 2023 which reinforce our growing reputation as a leading provider of cutting-edge DDoS cybersecurity solutions.

"We have renewed our focus on Corero's ICP with a more targeted sales and marketing approach to ultimately drive revenue growth. We look forward to building on this new business momentum across the year as we continue to explore opportunities to expand our customer base."

As of 0925 BST, Corero shares were up 11.13% at 6.39p.





Reporting by Iain Gilbert at Sharecast.com

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CNS Market Data

Currency UK Pounds
Share Price 9.75p
Change Today -0.25p
% Change -2.50 %
52 Week High 27.50p
52 Week Low 8.75p
Volume 427,106
Shares Issued 512.17m
Market Cap £49.94m

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.71% below the market average86.71% below the market average86.71% below the market average86.71% below the market average86.71% below the market average
35.06% below the sector average35.06% below the sector average35.06% below the sector average35.06% below the sector average35.06% below the sector average
Price Trend
43.88% below the market average43.88% below the market average43.88% below the market average43.88% below the market average43.88% below the market average
28.4% below the sector average28.4% below the sector average28.4% below the sector average28.4% below the sector average28.4% below the sector average
Income Not Available
Growth
15.69% below the market average15.69% below the market average15.69% below the market average15.69% below the market average15.69% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% 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 29-Aug-2025

Time Volume / Share Price
15:58 250,000 @ 9.50p
16:13 100,000 @ 9.50p
14:38 10,000 @ 9.55p
10:54 884 @ 9.95p
08:55 50,000 @ 9.58p

CNS Key Personnel

CEO Carl Herberger
CFO Chris Goulden

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