Corero Network Stock Price, News & Analysis

Corero Network Security (AIM: CNS, OTCQX: DDOSF) has expanded its partnership with a leading data center and hybrid IT solutions provider to deliver real-time DDoS protection to a major AI company in the Middle East. This strategic move strengthens Corero's position in the AI-driven data center industry.

The collaboration focuses on providing ultra-low-latency DDoS protection specifically designed for on-premises and hybrid-cloud environments, addressing the critical needs of AI workloads that require maximum uptime and minimal latency. CEO Carl Herberger emphasized the importance of adaptive, real-time cybersecurity for AI-driven infrastructure.

This partnership expansion reflects the growing demand for specialized cybersecurity solutions in the AI sector, positioning Corero to capitalize on the increasing need for ultra-low-latency protection as AI adoption accelerates.

Corero Network Security (AIM: CNS, OTCQX: DDOSF) has announced new advancements in multi-site resiliency and intelligent traffic management for DDoS protection. The company's enhanced solution automatically adapts when security components, data centers, or network segments fail by dynamically redistributing security enforcement to maintain uninterrupted protection.

The system eliminates single points of failure through proactive, real-time mitigation that ensures continuous service availability without manual intervention. When one location is compromised, traffic is automatically rerouted to maintain seamless defense. This innovation particularly benefits service providers, financial institutions, e-commerce businesses, and healthcare organizations that require consistent performance and protection against sophisticated, high-volume attacks.

According to CEO Carl Herberger, this development sets a new standard for global DDoS resilience, allowing organizations to maintain security without compromising availability or incurring excessive infrastructure costs.

Corero Network Security (AIM: CNS) (OTCQX: DDOSF) announced that Corey Still, Vice President of Strategic Alliances, has been named to the 2025 CRN® Channel Chiefs list. The recognition comes from CRN®, a brand of The Channel Company, acknowledging IT vendor and distribution executives who drive strategy and set channel agendas.

Still, with over 13 years of channel experience, has contributed to significant channel growth through field-level execution and partner alignment. His achievements include implementing a solution-based approach that enhanced value-driven collaborations and introducing a new multi-partner engagement model that expanded market reach and accelerated the company's ability to address cybersecurity challenges.

Corero Network Security (AIM: CNS, OTCQX: DDOSF) announced that UK Dedicated Servers has upgraded its DDoS protection infrastructure with Corero's next-generation technology. As the first EMEA adopter of the new NTD3400 DDoS solution, UK Dedicated Servers transitions from the previously used NTD1100 appliances to enhance its network security and prepare for future growth.

The upgrade leverages new 400G interface capabilities and has been validated with live traffic, demonstrating scalability and performance under real-world conditions. This implementation aims to provide greater capacity, robust security, and scalability to meet growing demand and strengthen defenses against evolving digital threats.

Corero Network Security (OTCQX: DDOSF) has entered a multi-year, multi-million-dollar partnership with Forte Telecom, making the Brazilian telecommunications provider the first worldwide to deploy Corero's NTD3400—a 400G DDoS protection appliance.

Forte Telecom, operating across multiple Brazilian states including Rio de Janeiro, Espírito Santo, Minas Gerais, São Paulo, and Ceará, will utilize the advanced DDoS protection system to ensure uninterrupted services and enhanced network security for its customers. The company's extensive fiber-optic network serves thousands of users.

The partnership represents a strategic move for both companies, with Forte transitioning from using Corero's technology through a regional MSSP partner to a dedicated deployment. The implementation aims to strengthen Forte's network protection capabilities and reinforce its market position in secure telecommunications services.

Corero Network Security (DDOSF) has secured over $4 million in new contracts during H2 2024 for its DDoS Protection-as-a-Service (DDPaaS) and Enterprise License Agreement (ELA) solutions. The company has onboarded several new customers across different regions, including:

- A telecommunications provider in Germany
- A hosting provider in Portugal
- Two ISP operators in Brazil
- Two U.S.-based hosting providers

These organizations chose Corero's solutions to address challenges with their existing DDoS protection systems, which were struggling to handle growth demands and sophisticated attacks. The implementation enables these businesses to both protect their networks and create new revenue streams by offering DDoS protection services to their customers.

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.