Absolute Software Corp Stock Price, News & Analysis

Absolute Software Corporation (NASDAQ: ABST) announced financial results for Q2 fiscal 2023, ending December 31, 2022, will be released on February 14, 2023, after market close. Investors can find the financial statements on www.absolute.com, SEDAR, and EDGAR. A conference call will follow at 5:00 p.m. ET to discuss results and outlook. Absolute Software, a leader in self-healing intelligent security solutions, serves over 18,000 customers and has embedded its solutions in over 600 million devices.

Absolute Software (NASDAQ: ABST) has been recognized as a Leader in the G2 Winter 2023 Grid Reports for both Endpoint Management and Zero Trust Networking. This marks the twelfth consecutive quarter for Absolute Secure Endpoint in the highest quadrant based on verified user ratings and customer satisfaction. Additionally, Absolute Secure Access has also gained recognition for the second consecutive quarter. With its patented Persistence® technology embedded in over 600 million devices, Absolute enhances cyber resilience against threats. The feedback emphasizes customer satisfaction and the effectiveness of their solutions.

Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share on its common stock. This dividend is payable in cash on February 23, 2023, to shareholders of record at the close of business on February 9, 2023. Dividends are categorized as eligible under subsection 89(14) of the Canadian Income Tax Act. Absolute Software specializes in self-healing, intelligent security solutions that protect over 600 million devices, and is recognized as a leader in Endpoint Management and Zero Trust Networking by G2 for eleven consecutive quarters.

Absolute Software (NASDAQ: ABST) has achieved a FedRAMP Ready designation for its Secure Endpoint product suite, marking a significant milestone in its efforts to enhance cyber resiliency for federal agencies. This classification, awarded at the Moderate Impact level, enables agencies to better manage risks, reduce IT costs, and improve incident response. Absolute's product is embedded in over 600 million devices, offering self-healing capabilities. Despite a rising market for information security, the company faces uncertainty regarding full FedRAMP certification and demand within the public sector.

Absolute Software (NASDAQ: ABST) will present a fireside chat at the 25th Annual Needham Growth Conference on January 10, 2023, at 11:45 AM ET. This event highlights the company's position as a leading provider of self-healing, intelligent security solutions, embedded in over 600 million devices. Absolute's platform enhances cyber resilience against threats like ransomware. The webcast will be available on the Absolute Investor Relations website, reinforcing its reputation with 18,000 customers and recognition as a leader in endpoint management and zero trust networking.

Absolute Software Corporation (NASDAQ: ABST) announced the results of its annual general meeting held on December 7, 2022. All seven nominees for director were elected, with voting percentages ranging from 68.30% to 99.46%. The shareholders also voted to maintain the number of directors at seven and to reappoint Deloitte LLP as the auditor. Detailed voting results will be available on SEDAR and EDGAR.

Absolute Software specializes in intelligent security solutions, and is recognized for its cyber resilience capabilities.

Absolute Software (NASDAQ: ABST) has been recognized as a "Vendor to Watch" by Omdia in its latest report on Endpoint Security Platforms. This recognition highlights Absolute's capabilities in providing resilience, visibility, and control across millions of remote endpoints. Key features of Absolute's Secure Endpoint portfolio include device tracking, geofencing, remote management, and self-healing applications. The company emphasizes the growing importance of endpoint security in today's remote work environment, aiming to enhance cyber resilience against rising threats.

Absolute Software (NASDAQ: ABST) announces significant updates to its Absolute Secure Endpoint and Secure Access solutions, enhancing user experience, visibility, and integrations. The updates emphasize self-healing capabilities for resilient Zero Trust environments. Key features include the expansion of Public APIs and the Absolute Connector for ServiceNow, allowing enhanced automation and compliance tracking. With over 600 million devices embedded, the platform supports critical security applications. Recent research validates Absolute's unique approach to integrated security, improving operational efficiency in cybersecurity.

Absolute Software (NASDAQ: ABST) will present at the 2022 Raymond James Technology Investors Conference on December 6, 2022, at 10:20 am ET. The event will highlight the company's unique self-healing, intelligent security solutions, embedded in over 600 million devices. With a client base of 18,000, Absolute has been recognized as a leader in Endpoint Management by G2 for eleven consecutive quarters. A live webcast of the presentation will be available on the Absolute Investor Relations website.