Reported Earnings • Mar 25
Full year 2025 earnings released: US$0.001 loss per share (vs US$0.001 profit in FY 2024) Full year 2025 results: US$0.001 loss per share (down from US$0.001 profit in FY 2024). Revenue: US$25.5m (up 3.8% from FY 2024). Net loss: US$711.0k (down 243% from profit in FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Software industry in Germany. Announcement • Mar 12
Corero Network Security plc to Report Fiscal Year 2025 Results on Mar 24, 2026 Corero Network Security plc announced that they will report fiscal year 2025 results on Mar 24, 2026 Announcement • Feb 04
Corero Network Security plc Announces Appointment of Jeremy Nicholls as A Non-Executive Director, effective 2 February 2026 Corero Network Security plc announced that appointment of Jeremy Nicholls as a Non-Executive Director of the Company with effect from 2 February 2026. Jeremy, based in the UK, has over 35 years of experience in security, networking, and unified collaboration technologies. He has held global leadership roles across channel, alliance, and direct sales with leading international technology organisations. His career includes global positions at Kentik, Arbor Networks, Ericsson, and Polycom, where he has consistently delivered revenue growth, expanded market presence, and built strategic partnerships that strengthen long-term business performance. Current Directorships/Partnerships: Hillside Lynch Ltd; Vantage Surveys Ltd. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Corero Network Security plc Reaffirms Guidance for the Year Ending December 31, 2025 Corero Network Security plc reaffirmed guidance for the year ending December 31, 2025. For the period, the company reported revenue between $24.0 million and $25.5 million (FY 2024: $24.6 million). Announcement • Oct 28
Corero Network Security Solves Encrypted DDoS Blind Spot for Service Providers and Enterprises Corero Network Security announced a new SmartWall ONE capability that stops encrypted application-layer attacks in real time without added latency or infrastructure. The enhancement addresses one of the most pressing blind spots in modern cybersecurity. With encryption now standard for internet traffic, attackers are using secure channels to launch high-impact DDoS attacks that evade traditional defenses. Corero closes this gap with AI-assisted detection and real-time intelligence feeds that stop threats instantly. The solution avoids false positives, preserves performance and privacy, and removes the need for added infrastructure. It delivers precise protection that keeps critical services online and businesses running. Corero is focused on delivering more value, not just more features. This update gives service providers a competitive edge by enabling premium DDoS protection across Layers 3 to 7, even for encrypted traffic, without added complexity. It also creates new revenue opportunities through differentiated DDoS offerings. Enterprises gain real-time protection for public-facing applications while maintaining privacy, compliance, and uptime. Announcement • Sep 03
Corero Network Security plc to Report First Half, 2025 Results on Sep 16, 2025 Corero Network Security plc announced that they will report first half, 2025 results on Sep 16, 2025 Announcement • Jul 16
Corero Network Security plc Provides Earnings Guidance for the First Half 2025 and for the Year Ending December 31, 2025 Corero Network Security plc provided earnings guidance for the first half 2025 and for the Year Ending December 31, 2025. For the period, revenue is expected to be $10.9 million (H1 2024: $12.2 million).
For the year, management now expects revenue to be between $24.0 and $25.5 million (FY 2024: $24.6 million). Announcement • Jul 10
Corero Network Security Enables Cloud-Native DDoS Orchestration in Akamai Compute Corero Network Security announced that the orchestration plane of its SmartWall ONE™ solution is now deployable in Akamai Compute, Akamai Technologies' edge-native cloud computing platform. This evolution gives customers more flexibility and agility in managing DDoS protection infrastructure while preserving the precision and speed of Corero's automatic mitigation. This reflects Corero's broader shift toward cloud-native enablement through initiatives like the CORE solution. With this capability, Corero customers can operate the full control plane in the cloud. The need for on-premises infrastructure is eliminated, enabling deployments to be completed in hours instead of weeks. This helps overcome delays tied to hardware procurement, staffing availability, and geographic constraints. The ability to launch quickly not only accelerates time to protection but also has the potential to increase dealocity by removing traditional infrastructure bottlenecks. Deploying the orchestration stack in Akamai Compute brings immediate cloud-native benefits. Customers gain elastic resource allocation, built-in high availability and geographic redundancy. The option also allows temporary use of cloud infrastructure during software upgrades or internal infrastructure transitions, ensuring operational continuity without added complexity. This launch deepens Corero's strategic relationship with Akamai, building on joint offerings such as Akamai Prolexic On-Prem DDoS Protection, which integrates Corero's real-time mitigation technology. By enabling orchestration in Akamai Compute., both companies gain a more streamlined go-to-market path that supports enterprise cloud strategies and expands customer access. The architecture also supports multi-tenant management with strong control plane separation, providing secure, scalable deployment options and paving the way for future managed service models. Announcement • May 26
Corero Network Security plc, Annual General Meeting, Jun 16, 2025 Corero Network Security plc, Annual General Meeting, Jun 16, 2025. Location: vigo consulting, 78 79 new bond street, w1s 1rz, london United Kingdom Announcement • Apr 01
Corero Appoints Christopher James Goulden to the Board, Effective from 1 April 2025 Corero announced that Chris Goulden, Chief Financial Officer and PDMR, is appointed to the Company's Board with immediate effect. Christopher James Goulden, aged 40, holds or has held the following directorships or partnerships in the past five years: Current directorships or partnerships: Corero Group Services Limited, Corero Network Security (UK) Limited. Previous directorships or partnerships: CBRE GWS A/S (Norway). Announcement • Mar 20
Corero Network Security plc to Report Fiscal Year 2024 Results on Apr 01, 2025 Corero Network Security plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 01, 2025 Announcement • Mar 14
Corero Network Security Accelerates AI Integration with Focus on Substance over Hype Corero Network Security announced the strategic advancement of AI capabilities across its product portfolio and operations--building on a long-standing legacy of intelligent, adaptive security solutions. For years, Corero's SmartWall ONE platform has delivered automated, real-time DDoS protection powered by advanced detection and adaptive response mechanisms. While others are now racing to add "AI" labels to their offerings, Corero has quietly focused on delivering tangible outcomes--speed, precision, and resilience--without relying on industry buzzwords. At the center of Corero's AI evolution is CORE--the Corero Observability and Resiliency Ecosystem. CORE represents the company's vision for an AI-enhanced future, designed to deliver deeper visibility, actionable insights, and more intuitive control to security teams. CORE establishes a foundation for AI-powered capabilities such as natural language queries and multi-source data correlation. These innovations will offer customers faster insights and simplified security management as they come online--part of Corero's deliberate, phased approach to ensuring real customer value at every step. Corero's use of AI extends beyond its products. The company's Security Operations Center is actively deploying AI-driven threat intelligence to accelerate detection of new attack vectors and emerging techniques. This AI-enabled agility enhances Corero's ability to deliver proactive defense, while maintaining the deep human expertise that has always set its solutions apart. Board Change • Mar 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 06
Corero Network Security Releases Multi-Site DDoS Protection Resiliency Corero Network Security announced new advancements in multi-site resiliency and intelligent traffic management, further strengthening its ability to deliver always-on DDoS protection. Designed to mitigate large-scale cyberattacks, operational failures, and data center outages, Corero's solution eliminates single points of failure by automatically adapting when a security component, data center, or network segment goes offline--ensuring seamless operations without disruption or manual intervention. With Corero's innovative resilience, organizations can stay secure, stay online, and stay ahead of evolving threats-- without overprovisioning, operational delays, or downtime risks. By integrating resiliency, Corero strengthens service availability while simplifying operations, preventing downtime that leads to revenue loss, SLA violations, and reputational damage. Service providers, financial institutions, e-commerce businesses, healthcare organizations, and other latency-sensitive industries can scale defenses dynamically without excessive infrastructure costs, ensuring that even sophisticated, high-volume attacks are mitigated without disruption. With seamless, always-on protection, Corero delivers intelligent, automated security that keeps operations running--no matter the threat. Board Change • Jan 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 07
Corero Network Security plc Provides Earnings Guidance for the Year Ended 31 December 2024 Corero Network Security plc provided earnings guidance for the year ended 31 December 2024. Subject to audit, revenue for Fiscal Year 2024 is expected to be approximately $24.6 million, an increase of 10% from the prior year (fiscal year 2023: $22.3 million). Announcement • Oct 29
Corero Network Security Introduces Corero Observability & Resiliency Ecosystem (CORE) Corero Network Security announced the launch of its new cloud-based availability protection platform, CORE. CORE by Corero Network Security is a cloud-based availability protection platform designed to seamlessly enhance a company's existing security infrastructure. It delivers advanced defense, leveraging existing infrastructure, offering flexibility and cost-efficiency to keep an organization secure and agile. Corero CORE leverages comprehensive data lake(s) by gathering feeds from multiple sources across a network and generating AI/ML-assisted insights, turning isolated security events into actionable intelligence. This enables smarter coordination across a customer's network, making their ecosystem more resilient against threats to service availability. Vendor-agnostic and highly adaptive, Corero CORE effortlessly integrates with third-party tools and existing infrastructure. In its initial release, CORE will deliver advanced capabilities — real-time rich traffic analytics, threat intelligence, application layer protection, and anti-bot DDoS defense — ensuring services are available and secure. Corero CORE marks the company's first expansion beyond DDoS, demonstrating its commitment to meeting the evolving needs of current and new customers. The launch strengthens Corero's position as a true innovator in service availability protection. Designed as a SaaS platform for ultimate flexibility, Corero CORE bridges visibility and protection gaps without adding complexity. It optimizes security investments and offers peace of mind with a subscription-based model that reduces vendor lock-in. Ideal for businesses seeking enhanced availability and traffic visibility, Corero CORE allows organizations to stay ahead of threats and maximize their network's potential — all without additional hardware. Announcement • Oct 24
Corero Network Security Launches New Scalable 400G DDoS Hardware Appliance with Exclusive Trade-In Program Corero Network Security announced the launch of its new hardware appliance, Network Threat Detector (NTD) 3400, a 400G enhancement to the SmartWall ONE™ DDoS protection appliance. The company is also introducing a new Trade-In Program, offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions making it easier to transition to the latest adaptive DDoS protection technology. The company is also introducing a new Trade-In Program, offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions, making it easier to transition to the latest adaptive DDoS protection technology. The new NTD 3400 offers four times the connectivity of previous models with less than twice the power consumption, allowing providers and businesses to protect their networks more efficiently. The NTD 3400 streamlines infrastructure with reduced hardware complexity, flexible deployment options, and future-proof scalability, all while defending against evolving cyber threats. This latest release continues the company's 400G rollout, which began with February's launch of their software-based solution. Board Change • Sep 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 20
Corero Network Security Enhances SmartWall One Service Portal Corero Network Security announced significant enhancements to its SmartWall Service Portal, introducing game-changing features such as all-new executive reports and tenant prospecting. Ideal for providers seeking to differentiate their services and turn service availability into a revenue opportunity, these new features empower providers to showcase the tangible benefits of their security measures and simplify the identification and capitalization of upselling opportunities. Executive reports provide real-time, automated insights into the effectiveness of DDoS protection investments, enhancing transparency and building stakeholder trust. Additionally, tenant prospecting enables providers to target unsubscribed customers who could benefit from additional protection, streamlining the process of expanding service offerings and improving customer retention. The new enhancements to the SmartWall ONE Service Portal are designed to drive business growth by positioning security as a cornerstone of value, simplifying the process of showcasing benefits and capitalizing on upselling opportunities. Announcement • Jun 18
Corero Network Security plc Announces Peter George Will Now Remain as Non-Executive Director Corero Network Security plc announced that further to the 17 April 2024 announcement Peter George will now remain a Non-Executive Director of the Company. Following a reassessment of his other commitments, Peter has informed the Board that he has the time available to remain as a Corero director and the Board have agreed that he continues in this role. Announcement • May 19
Corero Network Security plc, Annual General Meeting, Jun 20, 2024 Corero Network Security plc, Annual General Meeting, Jun 20, 2024. Location: vigo consulting, 78 79 new bond street, w1s 1rz, london United Kingdom Board Change • May 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 17
Corero Network Security plc Appoints Robert Scott as a Non-Executive Director Corero Network Security plc announced the appointment of Robert Scott as a Non-Executive Director of the Company with immediate effect. Rob, who is based in the USA, is a 30-year network security industry professional and is currently the Chief Strategy Officer of Silversky Inc., a provider of cybersecurity managed services,alongside serving as the Chairman of AssetPass, a disruptive fintech startup. Rob is also on the Customer Advisory Board of Fortinet, a global leader in cybersecurity. Previously, Rob served as CEO of Cygilant Inc., a provider of cybersecurity services specialising in helping organizations hunt, detect and respond to cyberthreats; Bradford Networks, a network security company acquired by Fortinet; and Clique Intelligence, a software platform for data sharing and collaboration technologies. Rob also served as Vice President of Worldwide Sales and Marketing at HP ProCurve Networking, having joined the company through its 2008 acquisition of Colubris Networks Inc., where he held the positions of President and CEO. Peter George, who was appointed a Non-Executive Director of the Company in January 2019, will be stepping down from the Board at the Company's AGM in June 2024 to focus on his executive responsibilities at Evolv Technology. Announcement • Mar 21
Corero Network Security plc Announces Launch of Corero DDoS Intelligence Service Corero Network Security plc announced the launch of Corero DDoS Intelligence Service, an automated, AI-assisted subscription service for Corero SmartWall ONE customers delivering pre-emptive attack mitigation before the first attack is even detected. CDIS will integrate seamlessly with Corero's SmartWall ONE platform, Corero's own automated DDoS protection solution capable of handling existing, new, and zero-day DDoS attacks, to fortify its defences and ensure maximum protection for customers. Supported by the Corero in-house Threat Research team, the CDIS will be deployed as an additional annual subscription service for all SmartWall ONE customers that are subscribed to Corero SecureWatch Attack-Time Assistance Service. Announcement • Mar 11
Corero Network Security plc to Report Fiscal Year 2023 Results on Mar 27, 2024 Corero Network Security plc announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Jan 18
Corero Network Security plc Provides Earnings Guidance for the Year Ended 31 December 2023 Corero Network Security plc provided earnings guidance for the year ended 31 December 2023. Subject to audit, revenue for Fiscal Year 2023 is expected to be approximately $22.3 million, an increase of 11% from the prior year (FY 2022: $20.1 million). Board Change • Oct 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 10
Corero Releases Major Ddos Protection Platform Update with Edge Router Integration, Dns Protection, and Expanded Software Appliances Corero Network Security announced a significant milestone in the evolution of its SmartWall ONE DDoS protection solution. SmartWall ONE advances with this latest version to a modular architecture integrating with routers, increasing protection against DNS-based attacks, and adding 100G software appliances. Among the key benefits: Market-leading edge router integrations. Corero's direct integration with routers such as Juniper's MX and PTX routers transforms edge devices into real-time security sensors, blocking DDoS attacks at the edge with surgical precision. This unprecedented control allows rapid, automated threat response and uncompromising protection of vital assets. Additionally, Corero's support of BGP FlowSpec provides multi-vendor flexibility, enabling unrivaled DDoS protection within any network environment. These integrations underscore Corero's commitment to adaptively protect their customers' environments and bring added value to existing infrastructure investments. Advanced protection against increasing DNS infrastructure attacks and TCP exploits. Corero SmartWall ONE introduces new protections countering the growing trend of DNS infrastructure and TCP-based threats. Unmatched throughput for SmartWall ONE 100G software appliances. Corero sets the industry benchmark for performance, extending 100G DDoS protection into a software-driven future, delivering unmatched throughput. As providers increasingly embrace software-based network infrastructure deployments, Corero is ready to scale with software-based SmartWall ONE DDoS protection solutions. New Risk • Sep 22
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$361k Forecast net loss in 1 year: US$613k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$613k net loss next year). Market cap is less than US$100m (€41.1m market cap, or US$43.8m). Reported Earnings • Sep 22
First half 2023 earnings released: US$0.002 loss per share (vs US$0.001 loss in 1H 2022) First half 2023 results: US$0.002 loss per share (further deteriorated from US$0.001 loss in 1H 2022). Revenue: US$10.5m (up 19% from 1H 2022). Net loss: US$1.24m (loss widened 282% from 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 21
Corero Network Security plc Announces Management Changes Corero Network Security plc announced that Phil Richards, Chief Financial Officer and PDMR, is appointed to the Company's Board with immediate effect. In addition, Andrew Miller who was appointed Interim Chief Operating Officer with effect from 1 March 2023 will step down from this executive role. Andrew will remain a Non-Executive Director of the Company. The search process for the Chief Executive Officer role has commenced, with the appointment of an executive search firm. The Company will make an announcement in due course in this regard. Philip Richards, aged 38, holds or has held the following directorships or partnerships in the past five years: Current directorships or partnerships: Corero Group Services Ltd. and Corero Network Security (UK) Ltd. Previous directorships or partnerships: Kambi Services Ltd. and Whitgift Sports Club Ltd. Board Change • Sep 15
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 05
Corero Network Security plc to Report First Half, 2023 Results on Sep 21, 2023 Corero Network Security plc announced that they will report first half, 2023 results on Sep 21, 2023 New Risk • Jul 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 61% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€33.5m market cap, or US$36.5m). Board Change • Jul 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 25
Corero Network Security plc Provides Earnings Guidance for the Year Ending December 31, 2022 Corero Network Security plc provided earnings guidance for the year ending December 31, 2022. Order intake, which reflects revenues recognised over the lifetime of each of the contracts, is expected to remain strong with growth of between 15% and 25% over the prior year (2021: $21.2 million). Notwithstanding the expected growth in order intake, Corero estimates that revenue for the year ending 31 December 2022 is now expected to show growth of between 5% and 10% over the prior year (2021: $20.9 million). Corero has seen customer decision making and buying cycles being extended which has impacted customer order timing as they approach the end of the financial year and the resultant ability to recognise the revenue in the current period. The Company expects that the final quarter of the financial year will, consistent with seasonality patterns of business in previous years, display characteristic greater weighting of business activity and as a result the second half will show a material increase on the results from the first half. Announcement • Sep 02
Corero Network Security plc Appoints Andrew Miller as Interim Chief Financial Officer Corero Network Security plc announced the appointment of Andrew Miller as interim Chief Financial Officer from 1 September 2022. Andrew will work alongside Neil Pritchard ensuring an orderly handover until late September, at which time Neil will formally leave the business for his new role, as announced on 14 July 2022. In parallel, the Company has commenced the search for Neil's successor. Andrew has been a Non-Executive Director of the Company since May 2020, having previously held the positions of Chief Financial Officer and Chief Operational Officer from August 2010. Andrew is expected to remain as interim CFO to the end of the current financial year ended 31 December 2022 unless a new CFO is appointed earlier. Announcement • Sep 01
Corero Network Security plc to Report First Half, 2022 Results on Sep 13, 2022 Corero Network Security plc announced that they will report first half, 2022 results on Sep 13, 2022 Announcement • Jul 14
Corero Network Security plc Announces Resignation of Neil Pritchard as Chief Financial Officer Corero Network Security plc announced that Neil Pritchard, Chief Financial Officer, has resigned to pursue another career opportunity. The Company has begun a process to appoint a successor and a further announcement will be made in due course. Neil will remain in place in his current role and as Board member during his notice period to support the business during the recruitment process. Board Change • Jun 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2020) Full year 2021 results: EPS: US$0.003 (up from US$0.008 loss in FY 2020). Revenue: US$20.9m (up 24% from FY 2020). Net income: US$1.52m (up US$5.31m from FY 2020). Profit margin: 7.3% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Peter George was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Corero Network Security plc Appoints Neil Pritchard to the Board Corero Network Security plc announced that Neil Pritchard, Chief Financial Officer and PDMR, is appointed to the Company's Board with immediate effect. Announcement • Apr 14
Corero Network Security plc to Report Fiscal Year 2021 Results on Apr 26, 2022 Corero Network Security plc announced that they will report fiscal year 2021 results on Apr 26, 2022 Announcement • Jan 24
Corero Network Security plc Provides Revenue Guidance for the Year Ended 31 December 2021 Corero Network Security announced in the Group's pre-close update on 22 December 2021, Corero performed strongly in 2021 with revenues expected to be broadly in-line with market expectations at c. $20.9 million (2020: $16.9 million). Reported Earnings • Sep 16
First half 2021 earnings released: US$0.002 loss per share (vs US$0.005 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: US$8.30m (up 33% from 1H 2020). Net loss: US$1.23m (loss narrowed 52% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jun 24
Corero Network Security plc Strengthens DDoS Protection for the Network Edge and 5G with Latest Software Release Corero Network Security plc announced the latest suite of enhancements to its award winning SmartWall Threat Defense Director solution. These new capabilities make it easier than ever for Corero and Juniper customers to maintain business continuity with a cutting edge, automatic DDoS protection solution and deliver that as a value-add service to their downstream customers. As DDoS attacks continue to grow in magnitude, frequency, and sophistication, it is no longer good business practice to address this growing problem with traditional blackholing, out-of-band scrubbing centers, on-demand cloud services, or manual intervention. To help bridge this gap, Juniper Networks and Corero Network Security continue their well-established, successful partnership, delivering a revolutionary new solution against DDoS attacks by leveraging Juniper Networks™ MX Series Universal Routing Platforms and SmartWall software intelligence. This joint DDoS solution delivers an automatic, real-time, detection and line-rate mitigation solution, which can scale from 100 Gbps to 40Tbps as a customer grows. It leverages always-on packet-level monitoring, automated machine analysis and high-performance infrastructure-based enforcement across the network edge. Reported Earnings • Apr 19
Full year 2020 earnings released: US$0.008 loss per share (vs US$0.016 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$16.9m (up 74% from FY 2019). Net loss: US$3.78m (loss narrowed 42% from FY 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 29
New 90-day high: €0.21 The company is up 159% from its price of €0.08 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Announcement • Oct 10
Corero Network Security Announces Significant Enhancements to the Smartwall Threat Defense System Corero Network Security plc announced that it has released a major update to the award winning SmartWall Threat Defense System (TDS). Corero's SmartWall Threat Defense System already delivers line-rate performance for the fastest, always-on, real-time DDoS protection but these new enhancements propel the solution to industry leading levels of accuracy and effectiveness for automatic DDoS detection and mitigation. These latest enhancements include the following: Innovative automatic protection against the latest Botnet flood and Spectrum attacks; Extensibility to dynamically enhance visibility and protection in a production system; Enabling and accelerating customer migration to DDoS protected 100G Internet connectivity with industry leading price-performance for Terabit mitigation in just 5RU; Integrated link protection for devices that are deployed always-on, inline, with incoming traffic; In-service software updates for increased network uptime and resilience. Announcement • Aug 24
Corero Network Security plc to Report First Half, 2020 Results on Sep 15, 2020 Corero Network Security plc announced that they will report first half, 2020 results on Sep 15, 2020 
