Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

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

Corero Network Security strikes new channel partnerships in Latin America

By Iain Gilbert

Date: Friday 23 Aug 2024

LONDON (ShareCast) - (Sharecast News) - DDoS protection solutions provider Corero Network Security has struck new channel partnerships in Latin America, extending its sales footprint and generating its first new customer win in the area.
Corero Network Security said on Friday that it has signed three new strategic partner agreements in Chile with NovaRed, Vista Group International and GreyMatter, marking a "significant milestone" in the group's continued expansion and commitment to strengthening its presence in the Latin American market.

The AIM-listed company also announced it had already secured a new contract with Netline, a leading Chilean telecommunications service provider through its collaboration with GreyMatter.

Chief executive Carl Herberger said: "We are excited to welcome NovaRed, VGL, and GreyMatter as our partners in Chile and are delighted to have already secured a contract with Netline, which further expands our client base in the region.

"These new partnerships, in addition to our existing alliance with TechEnabler in Brazil, underscores our commitment to aggressively expanding our Latin American presence, alongside providing world-class DDoS protection and secure connectivity solutions across the region."

As of 1015 BST, Corero shares were up 1.62% at 19.46p.















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 27.50
52 Week Low 8.75
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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