Corero Network Security First Half 2023 Earnings: US$0.002 loss per share (vs US$0.001 loss in 1H 2022)

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Corero Network Security (LON:CNS) First Half 2023 Results

Key Financial Results

  • Revenue: US$10.5m (up 19% from 1H 2022).

  • Net loss: US$1.24m (loss widened by 282% from 1H 2022).

  • US$0.002 loss per share (further deteriorated from US$0.001 loss in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Corero Network Security Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Corero Network Security that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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