Welcome to our dedicated page for Corero Network news (Ticker: DDOSF), a resource for investors and traders seeking the latest updates and insights on Corero Network stock.
Corero Network Security (DDOSF) delivers cutting-edge DDoS protection and cybersecurity solutions for enterprises worldwide. This page aggregates official announcements, financial updates, and strategic developments directly from the company and verified sources.
Why monitor Corero's news? Access real-time updates on product innovations like SmartWall ONE, partnership expansions with cloud providers, and critical infrastructure protection trends. Investors gain insights into recurring revenue performance, while IT professionals discover technical advancements in automatic threat mitigation.
Key content includes: quarterly earnings reports, cybersecurity threat analyses, customer deployment case studies, and leadership updates. All materials maintain factual accuracy without speculative commentary, adhering to financial disclosure standards.
Bookmark this page for streamlined access to Corero's evolving market position in the $10B+ DDoS protection sector. Combine RSS feeds or check weekly for comprehensive coverage of network security developments impacting enterprise risk management strategies.
Corero Network Security (DDOSF) reported strong financial results for FY 2024, highlighting its successful transition to a SaaS-based revenue model. The company achieved a 16% growth in Annualized Recurring Revenue (ARR) reaching $19.5 million, while order intake increased 13% to $28.2 million.
Key financial metrics include a 10% revenue increase to $24.6 million and projected EBITDA growth to $2.1-$2.5 million. The company demonstrated strong operational performance with a 70% increase in new customer acquisition and a 97% customer retention rate. Corero ended 2024 with $5.3 million in cash, no debt, and $4.8 million in new customer orders from Q4 expected to be collected in early Q1 2025.
The company also launched its new CORE platform in Q4, strengthening its position in DDoS protection services.
Corero Network Security (LSE:CNS)(OTCQX:DDOSF), a specialist in DDOS protection, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. During the conference, Corero's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors to discuss the company's recent developments, growth strategy, and investment opportunities.
Corero Network Security (OTCQX: DDOSF) has appointed Judson Thuerk as Channel Manager for the Americas to lead their channel strategy. Thuerk brings over 40 years of technology sales experience from companies including Xerox, Digital Equipment Corp., Symantec, EMC, Dell, and VMware. He most recently worked at Lydonia Technologies in client management. The appointment comes at what the company describes as a pivotal growth period, with Thuerk expressing commitment to driving mutual growth through trusted partnerships in the cybersecurity landscape.
Corero Network Security (AIM: CNS) (OTCQX: DDOSF) announced significant customer wins and expanded engagements in Q4 2024, strengthening its position in DDoS protection. The company secured new partnerships in Texas, USA, and Iceland, while deepening relationships across government, cloud services, telecommunications, and aerospace sectors. Notable developments include a major equipment upgrade commitment from a long-term European government client and selection by a prominent aerospace organization for DDoS protection services.
Corero Network Security (LSE: CNS; OTCQX: DDOSF), a DDoS protection specialist, has upgraded from the OTCQB Venture Market to begin trading on the OTCQX Best Market. This transition represents a significant milestone in the company's expansion strategy and aims to increase visibility among U.S. investors. The OTCQX Market, designed for established companies, requires high financial standards, strong corporate governance, and securities law compliance. Investors can now access Corero's financial information and Real-Time Level 2 quotes on otcmarkets.com under the symbol 'DDOSF'.
Corero Network Security's SmartWall ONE has been named a Hot Company DDoS Protection Solution by Cyber Defense Magazine in its 2024 InfoSec Awards. SmartWall ONE is an always-on, adaptive DDoS protection platform that operates 20 times faster and with 50 times lower latency than competitors.
The solution features 400G Network Threat Defense appliances and can be deployed on-premises as physical or virtual software. Corero has partnered with GTT and Akamai for hybrid cloud DDoS protection and recently launched the NTD 3400, a 400G enhancement to SmartWall ONE.
Corero Network Security (OTCQB: DDOSF) has launched CORE, a new cloud-based availability protection platform. This SaaS solution enhances existing security infrastructure by providing real-time traffic analytics, threat intelligence, application layer protection, and anti-bot DDoS defense. CORE utilizes AI/ML-assisted insights from comprehensive data lakes, gathering feeds from multiple network sources to transform security events into actionable intelligence. The platform is vendor-agnostic, integrates with third-party tools, and marks Corero's first expansion beyond DDoS protection, offering a subscription-based model without requiring additional hardware.
Corero Network Security (DDOSF) has launched its new Network Threat Detector (NTD) 3400, a 400G hardware appliance for DDoS protection. The device offers four times the connectivity of previous models while consuming less than twice the power. The company also introduced a Trade-In Program offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions. The NTD 3400 features reduced hardware complexity, flexible deployment options, and future-proof scalability, continuing the company's 400G rollout that began with their software-based solution in February.
Corero Network Security has launched its new Network Threat Detector (NTD) 3400, a 400G hardware appliance enhancing the SmartWall ONE™ DDoS protection system. The NTD 3400 delivers four times the connectivity of previous models while consuming less than twice the power. Alongside this launch, Corero introduced a Trade-In Program offering significant discounts for customers upgrading from legacy Corero appliances or competitor solutions.
The new appliance features reduced hardware complexity, flexible deployment options, and future-proof scalability. This release follows the company's February software-based 400G solution launch, demonstrating Corero's commitment to advancing DDoS protection technology.
Corero Network Security (AIM: CNS) (OTCQB: DDOSF) has announced its participation in two upcoming investor conferences. CEO Carl Herberger and CFO Chris Goulden will present at the Mello @ the London Investor Show on November 1, 2024, and attend the virtual Sidoti Micro-Cap Conference on November 13-14, 2024.
The presentations come amid increased insider buying and investor interest, following strong H1 2024 results. The company reports global growth in customer acquisition, renewals, and upgrades, demonstrating confidence in their SmartWall ONE™ DDoS protection solution.
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