Stock Analysis
Corero Network Security (LON:CNS) Full Year 2023 Results
Key Financial Results
- Revenue: US$22.3m (up 11% from FY 2022).
- Net loss: US$170.0k (down by 131% from US$554.0k profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Corero Network Security Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in the United Kingdom.
Performance of the British Software industry.
The company's shares are down 2.7% from a week ago.
Risk Analysis
Be aware that Corero Network Security is showing 1 warning sign in our investment analysis that you should know about...
Valuation is complex, but we're helping make it simple.
Find out whether Corero Network Security is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:CNS
Corero Network Security
Provides distributed denial of service (DDoS) protection solutions worldwide.
Flawless balance sheet with reasonable growth potential.
