Corero Network Security (CNS)

Sector:

IT Services

Index:

FTSE AIM All-Share

15.75p
   
  • Change Today:
    -0.25p
  • 52 Week High: 27.50
  • 52 Week Low: 13.25
  • Currency: UK Pounds
  • Shares Issued: 512.17m
  • Volume: 6,579
  • Market Cap: £80.67m

Corero Network Security strikes five-year contract extension

By Iain Gilbert

Date: Tuesday 27 May 2025

LONDON (ShareCast) - (Sharecast News) - Distributed denial of service protection specialists Corero Network Security said on Tuesday that it had secured a five-year, $1.2m expansion to its partnership with Lightedge, a leading provider of secure, compliant hybrid infrastructure and services.
Corero said the new agreement extended its high-performance DDoS protection across Lightedge's growing network of data centres in both the United States and globally, replacing an existing provider in part of the infrastructure.

The AIM-listed firm stated the expanded deployment strengthens Lightedge's defence against "increasingly sophisticated DDoS attacks" targeting cloud service providers and critical infrastructure.

Corero added that the contract expansion reflected a broader industry shift toward flexible, AI-ready security architectures that adapt in real-time-without manual intervention or costly downtime, which its DDoS protection supports.

Chief executive Carl Herberger said: "Lightedge is helping businesses thrive in the hybrid cloud era - where performance, compliance, and uptime are non-negotiable. We're proud to deepen our partnership with Lightedge, delivering protection that's as scalable and dynamic as the threats it defends against."

As of 1000 BST, Corero shares were up 3.11% at 16.24p.





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 15.75p
Change Today -0.25p
% Change -1.56 %
52 Week High 27.50
52 Week Low 13.25
Volume 6,579
Shares Issued 512.17m
Market Cap £80.67m

CNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.19% below the market average92.19% below the market average92.19% below the market average92.19% below the market average92.19% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
44.78% above the market average44.78% above the market average44.78% above the market average44.78% above the market average44.78% above the market average
40.48% above the sector average40.48% above the sector average40.48% above the sector average40.48% above the sector average40.48% above the sector average
Income Not Available
Growth
18.55% below the market average18.55% below the market average18.55% below the market average18.55% below the market average18.55% below the market average
28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% 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 04-Jun-2025

Time Volume / Share Price
08:42 6,500 @ 15.56p
08:28 79 @ 15.50p

CNS Key Personnel

CEO Carl Herberger
CFO Chris Goulden

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