WithSecure Corporation revised revenue guidance for the year 2022. The company now expects its comparable revenue to grow approximately 9.6% from the previous year (previous outlook: double-digit growth). Previous year's comparable revenue, adjusted for divested consulting businesses,was EUR 122.8 million.

Revenue from cloud-native products continues strong performance. Full year revenue growth of 2022 will exceed outlook, however the target of accelerating growth in second half will not be met, due to some slowness in customers' decision-making observed in late 2022. The cloud-native revenue grew by 33% in the first half and is expected to grow by approximately 32% in the second half of 2022.

With this development, combined with previous quarters' weaknesses in cyber security consulting performance, the full year revenue growth outlook will be slightly lower than the previous outlook (double-digit growth).