Corero Network Security Shares Rise on Strong Trading Outlook and FY 2025 Revenue Guidance

Shares in Corero Network Security PLC (AIM: CNS, OTCQB: DDOSF) climbed on Monday as the cybersecurity firm reported a positive trading update and optimistic expectations for fiscal 2025 revenue. The company, known for its distributed denial‑of‑service (DDoS) protection solutions, told investors that it anticipates revenue growth in FY 2025, building on improving trading conditions and strong demand for its subscription‑based security services. In its unaudited half‑year results for H1 2025, Corero recorded a 25 % increase in Annualised Recurring Revenue (ARR) to $21.6 million compared with the same period last year, driven by rising adoption of its DDoS Protection‑as‑a‑Service (DDPaaS) offerings. However, total revenue for the period fell by around 10 % to approximately $10.9 million as the shift to subscription products delayed upfront recognition of sales. Order intake also declined modestly, though customer retention remained high at 98 %. The group reported an EBITDA loss of $1.4 million in the first half, reflecting the transition to recurring revenue models. Management reaffirmed guidance for the full year ending 31 December 2025, with expected revenue between $24.0 million and $25.5 million and an EBITDA outcome ranging from a loss of $1.5 million to break‑even. Strategic highlights included new customer wins, expansion of key partnerships (including with Juniper Networks), and early traction for the company’s newly launched Observability & Resiliency Ecosystem (“CORE”) solution. Additionally, Corero confirmed changes in its board with the planned retirement of long‑serving Chief Technology Officer Ashley Stephenson later this year. #CoreroNetworkSecurity #Cybersecurity #TradingUpdate #DDOSProtection #SlimScan #GrowthStocks #CANSLIM