Exclusive Networks soars on strong Q2 sales growth

Exclusive Networks SAS

02/08/2022 08:59

** Shares in Exclusive Networks  EXN.PA  jump 4.6%, paring
gains after rising as much as 11.5% at open, as the French
technology and cybersecurity firm reported a 43% hike in Q2
gross sales to 1.03 billion euros  urn:newsml:reuters.com:*:nFWN2ZD5E7
    ** The group, which had its debut on Paris Stock Exchange in
September, posted consistent growth in all geographies and
maintained its guidance for FY 2022
    ** "The company saw very strong demand, outperforming market
growth in the top six cybersecurity segments as well as the
newest segments including Cloud Security and DevSecOps. Bookings
growth was above gross sales growth, supporting future growth,"
J.P. Morgan says

 (Reporting by Diana Mandiá)
 ((diana.mandiaalvarez@thomsonreuters.com))