UK's Corero posts FY 2025 revenue at upper end of guidance

Corero Network Security

12/01/2026 07:13

Overview

UK DDoS protection firm's FY 2025 revenue up 4%, at upper end of guidance

EBITDA for FY 2025 exceeded guidance, driven by H2 revenue increase

Annual Recurring Revenues rose 23% to $23.9 mln, driven by subscription model

Outlook

Company expects FY 2025 revenue at upper end of guidance

Corero anticipates FY 2025 EBITDA to exceed guidance

Company sees increased recurring revenues and profitable growth in 2026

Result Drivers

SUBSCRIPTION MODEL - Shift to subscription-based sales model contributed to 23% rise in Annual Recurring Revenues

PRODUCT DEMAND - Strong demand for SmartWall ONE and CORE platform products boosted order intake by 20%

COST REALIGNMENT - EBITDA improvement driven by increased revenue and cost base realignment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$25.50 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Corero Network Security PLC is GBP19.00, about 90% above its January 9 closing price of GBP10.00

Press Release: ID:nRSL4889Oa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)