Corero Network Security plc Provides Earnings Guidance for the Year Ended 31 December 2020
January 19, 2021 at 02:00 am EST
Corero Network Security plc provided earnings guidance for the year ended 31 December 2020. For the period, the company expects that the Company to report Fiscal Year 2020 revenue ahead of market expectations, with order intake also reaching record levels. Revenue for the year ended 31 December 2020 is expected to have increased by 73% to $16.8 million (2019: $9.7 million). The second half 2020 revenue was also a record high, at approximately $10.6 million (H2 2019: $5.5 million), up c.93%.