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Absolute Software Corp Stock Price, News & Analysis

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Welcome to our dedicated page for Absolute Software news (Ticker: ABST), a resource for investors and traders seeking the latest updates and insights on Absolute Software stock.

Absolute Software Corporation (NASDAQ: ABST) delivers self-healing security solutions trusted by enterprises worldwide. This news hub provides investors and security professionals with essential updates on corporate developments, product innovations, and financial performance in the cybersecurity sector.

Access real-time updates on Absolute’s patented Persistence® technology advancements, strategic partnerships, and leadership recognition in endpoint management. The curated collection includes earnings reports, acquisition announcements (including the Crosspoint Capital transaction), and new product launches like the Secure Web Gateway Service.

Discover how Absolute maintains its market position through G2-endorsed solutions and Forrester-recognized zero trust capabilities. Stay informed about critical updates affecting enterprise security infrastructure without promotional bias.

Bookmark this page for streamlined access to verified corporate communications and industry analysis. Check regularly for developments in Absolute’s mission to secure hybrid work environments through intelligent endpoint protection.

Rhea-AI Summary

Absolute Software (NASDAQ: ABST) has announced enhancements in its Secure Endpoint portfolio aimed at bolstering security in hybrid working environments. Innovations include enhanced end user messaging for IT teams, a Web Subscriptions Report that helps measure the ROI of web applications, and an expanded application persistence catalog featuring 60 titles. With the rise of cyber threats, including potential ransomware attacks every two seconds by 2031, these updates are designed to improve customer resilience and better protect organizations' assets.

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Absolute Software (NASDAQ: ABST) will host a financial analyst meeting on September 13, 2022, in New York City. Registration starts at 9:00 AM ET, with presentations from CEO Christy Wyatt and the leadership team at 10:00 AM ET. The event will cover business opportunities, product innovations, and financial updates, followed by a live Q&A session. Attendance is by invitation only, and investment professionals can register via IR@absolute.com. The event will also be available as a live webcast.

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Absolute Software (NASDAQ: ABST) has been recognized as a Leader in the Summer 2022 Grid® Report for Endpoint Management, marking ten consecutive quarters of high user ratings and satisfaction. The company achieved a customer support satisfaction score of 92%, and 97% of users rated Absolute 4 out of 5 stars. Additionally, the Secure Access platform received a High Performer ranking in the G2 Summer Grid Report for Zero Trust Networking with a customer satisfaction score of 97%. Absolute’s solutions emphasize security and compliance, serving over 17,000 customers with patented Persistence technology.

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Absolute Software (NASDAQ: ABST) announces a fireside chat at the Canaccord Genuity 42nd Annual Growth Conference on August 11, 2022, at 1:00 PM Eastern Time. The event aims to discuss the company's innovative self-healing endpoint and secure access solutions that enhance cyber resilience for distributed workforces. Absolute is known for its unique platform embedded in over half a billion devices, reinforcing its position in Zero Trust Networking and Endpoint Management.

Webcast and event replay will be accessible via Absolute's Investor Relations website.

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Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share, payable on August 26, 2022. Shareholders of record will be eligible if they are listed by the close of business on August 11, 2022. This dividend qualifies as an eligible dividend under Canadian tax law. Absolute Software specializes in self-healing endpoint and secure access solutions, enhancing cyber resilience for over 16,000 customers, and is recognized for its leadership in Zero Trust Networking and Endpoint Management.

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Absolute Software has been recognized in Forrester's report, "The Future Of Endpoint Management," highlighting its self-healing capabilities as critical for endpoint management. Analyst Andrew Hewitt emphasized the significance of firmware-embedded self-healing, which ensures uninterrupted operation of applications. With its patented Persistence® technology, Absolute monitors and repairs over 500 million endpoints, enhancing cyber resilience against threats like ransomware. This recognition positions Absolute as a leader in zero trust security and endpoint management, trusted by over 16,000 customers.

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Absolute Software Corporation (NASDAQ: ABST) will release its financial results for the fourth quarter and full-year fiscal 2022 on August 23, 2022, after market close. The results will be accessible via Absolute's website and filed on SEDAR and EDGAR. A conference call will take place at 5:00 p.m. ET on the same day to discuss the results and business outlook. The call can be joined by phone or through a live audio webcast. The archived call will be available until August 30, 2022.

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Absolute Software has partnered with Ivanti to enhance the resiliency of its customers through Absolute Resilience, utilizing Application Persistence™ capabilities. This collaboration enables joint customers to ensure their devices remain healthy and operational, leveraging Absolute's patented Persistence® technology present in over 500 million endpoints. The integration allows organizations to gain visibility across IT assets and automate security processes, fostering a more secure and efficient digital workspace.

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Absolute Software (NASDAQ: ABST) has partnered with Ericom, Utopic, and WinMagic to enhance the resilience of endpoint applications through its Application Persistence-as-a-Service (APaaS). This collaboration enables automatic self-healing of security solutions, reducing operational costs and improving application integrity. By embedding Absolute's technology, these ISVs can leverage real-time health telemetry, optimizing performance and security for their customers. This initiative aims to bolster cyber resilience against threats like ransomware, leveraging Absolute's unique device intelligence.

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FAQ

What is the market cap of Absolute Software (ABST)?

The market cap of Absolute Software (ABST) is approximately 610.8M.
Absolute Software Corp

Nasdaq:ABST

ABST Rankings

ABST Stock Data

610.81M
52.61M
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