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FOSHAN, China, July 26, 2024 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced that it will release its unaudited financial results for the third quarter of fiscal 2024 ended May 31, 2024, on August 2, 2024, before the US market opens. The Company's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on August 2, 2024. Dial-in details for the earnings conference call are as follows: Mainland China: 4001-201203 Hong Kong: 800-905945 United States: 1-888-346-8982 International: 1-412-902-4272 Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Bright Scholar Education Holdings Limited." Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.brightscholar.com/. A replay of the conference call will be accessible after the conclusion of the live call until August 9, 2024, by dialing the following telephone numbers: United States Toll Free: 1-877-344-7529 International: 1-412-317-0088 Replay Passcode: 8092477 About Bright Scholar Education Holdings Limited Bright Scholar is a global premier education service Group. The Company primarily provides quality international education to global students and equips them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. For more information, please visit: https://ir.brightscholar.com/. Safe Harbor Statement This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. IR Contact:Email: BEDU@thepiacentegroup.comPhone: +86 (10) 6508-0677/ +1-212-481-2050 Media Contact:Email: media@brightscholar.comPhone: +86-757-2991-6814
HONG KONG, July 26, 2024 /PRNewswire/ -- Newborn Town, the HK-listed tech company focusing on global social networking and entertainment fields, unveiled its first-half operating data on July 25th, highlighting outstanding performances in the social networking and innovative sectors. The company reported swift growth in its major operational metrics. For the six months ending on June 30th, 2024, the company's social networking business has accumulated approximately RMB2,055 million to RMB2,085 million, representing a year-on-year growth ranging from 65.3% to 67.7%. The revenue from the company's innovative business is expected to be approximately RMB192 million to RMB212 million, reflecting a year-on-year growth of approximately 46.6% to 61.8%. In the first half of 2024, Newborn Town made significant progress in expanding its pan-audience social networking business. This sector experienced rapid growth through optimised operational strategies and enhanced customer experience, resulting in increased market share for the company in key regions such as MENA and Southeast Asia. MICO and YoHo, as pioneering apps in Newborn Town's product portfolio, have contributed steady cash flow and profit by refining their commercial strategies. Second-wave social products TopTop and SUGO witnessed substantial growth in revenue, profit, and user base through product innovation, operational enhancements, and content ecosystem development. According to the revenue rankings of social apps in the MENA region from January to May 2024 released by Sensor Tower, the company's APPs namely MICO, YoHo, TopTop, and SUGO all ranked in the top 10 within their respective niche categories. In addition to the pan-audience social networking business, Newborn Town's diverse-audience social networking business segment has also made positive progress. HeeSay, the LGBTQ+ online community app, has been actively launching multiple activities and campaigns, accelerating its global brand influence. DatingNews.com, a prominent media outlet in the dating industry, recognized HeeSay as one of the '10 Most Innovative Queer Dating Apps for 2024'. Based on the vision of "Live, Love and Laugh Together", HeeSay's 'LivelyLaugh' campaign in April caught the eyes of Thai users following the HeeSay Gala held in Bangkok this January. HeeSay has also focused on app updates, introducing a new feature dubbed "Community" in June to strengthen the connection between online and offline social scenes, fostering a sense of belonging and identity among the users. Additionally, quality games like Alice's Dream: Merge Games, have achieved an amount of recharge of approximately RMB387 million, marking a year-over-year increase of about 392.5%. This flagship game was also featured in Sensor Tower's rankings of top 30 Chinese mobile games by overseas revenue for May and June. Since the year's commencement, Newborn Town has bolstered its core competitive advantage in localization, establishing a solid foundation for further exploration in the MENA region and other global markets. Going forward, the company will maintain its strategic focus on the MENA region while further cultivating markets in Southeast Asia, Europe, North America, Japan, and South Korea, to create positive emotional value for users worldwide.
CALHOUN, Ga., July 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2024 net earnings of $157 million and earnings per share (“EPS”) of $2.46; adjusted net earnings were $192 million, and adjusted EPS was $3.00. Net sales for the second quarter of 2024 were $2.8 billion, a decrease of 5.1% as reported and 4.5% on an adjusted basis versus the prior year. During the second quarter of 2023, the Company reported net sales of $3.0 billion, net earnings of $101 million and EPS of $1.58; adjusted net earnings were $176 million, and adjusted EPS was $2.76. For the six months ended June 29, 2024, net earnings and EPS were $262 million and $4.10, respectively; adjusted net earnings were $310 million, and adjusted EPS was $4.85. Net sales for the first six months of 2024 were $5.5 billion, a decrease of 4.8% as reported and 5.0% on an adjusted basis versus the prior year. For the six months ended July 1, 2023, net sales were $5.8 billion, net earnings were $181 million and EPS was $2.84; adjusted net earnings were $288 million, and adjusted EPS was $4.51. Commenting on the Company’s second quarter results, Chairman and CEO Jeff Lorberbaum stated, “Our performance in the quarter reflected our focus on the controllable factors of our business, including sales initiatives, cost containment and restructuring actions. Our adjusted earnings per share rose as a result of productivity initiatives and restructuring as well as lower energy and material costs, partially offset by market pressure on pricing, mix and foreign exchange headwinds. We generated free cash flow of approximately $142 million during the quarter, for a total of $239 million year to date. In the quarter, we purchased approximately 755 thousand shares, or 1.2%, of our stock for approximately $90 million. Our second quarter results exceeded our expectations despite soft market conditions around the globe. The commercial channel continues to outperform residential, although some softness in the category is occurring. While the long-term demand for our products is strong, residential purchases across our geographies remain weak. During the quarter, the actions we have taken improved volumes in many product categories, though the gains were offset by consumers trading down and competitive pricing. Residential remodeling is under the greatest pressure as consumers continue to defer large discretionary purchases due to inflation and uncertainty about the future. In addition, flooring remodeling is significantly influenced by housing turnover rates, which remain suppressed due to elevated mortgage rates, higher home prices and the ‘locked-in effect’ on homeowners. To reduce costs and align our business with current conditions, we are initiating additional restructuring actions that will generate annualized savings of $100 million, of which $20-$25 million will be recognized this year. The cash cost of these actions is about $40 million, with a total cost of approximately $130 million. The execution timelines will vary by project, with some extending throughout 2025 and into 2026. Across the segments, we will idle less productive operations, consolidate regional warehouses and leverage technology to lower administrative costs. We will also retire less efficient equipment and simplify our product offering. Along with these actions, our teams are implementing many other measures to manage the current environment. For the second quarter, the Global Ceramic Segment reported a 3.4% decline in net sales as reported, or a 2.9% decline on an adjusted basis, versus the prior year. The Segment’s operating margin was 7.4% as reported, or 8.5% on an adjusted basis, as a result of the unfavorable impact of price and product mix and foreign exchange headwinds, partially offset by lower input costs and productivity gains. In addition to our restructuring initiatives, we are implementing numerous cost reduction projects across the Segment, including product re-engineering, process improvements and streamlining administrative functions. To improve our mix, we are investing in product differentiation with leading-edge printing, polishing and rectifying technologies. On May 10, the U.S. Department of Commerce announced the commencement of antidumping and countervailing duty investigations of ceramic tile imported from India. The U.S. ceramic tile trade association believes this could lead to tariffs between 400% and 800%. Given India’s widespread dumping, Mexico has increased import duties on Indian tile, and our other markets are currently investigating similar options. In the U.S., our high-end design capabilities, domestic manufacturing and extensive distribution infrastructure are enhancing our participation in the builder and commercial sectors. In Europe, our unit sales exceeded last year's levels as we leveraged our manufacturing and styling advantages to create higher value products. During the second quarter, our Flooring Rest of the World Segment’s net sales decreased by 8.3% as reported, or 7.0% on an adjusted basis, versus the prior year. The Segment’s operating margin was 9.0% as reported, or 12.6% on an adjusted basis, as a result of the unfavorable impact of price and product mix and more restructuring costs, partially offset by lower input costs and productivity gains. In Europe, market conditions remain slow with constrained consumer discretionary spending. Declining inflation led the European Central Bank to lower key rates on June 6, and additional cuts may follow. In this challenging environment, we focused on actions to drive sales, such as enhancing our product offering, executing promotions and implementing strategic marketing campaigns. As a result of these initiatives, our volumes in laminate, LVT and panels improved from the prior year’s low levels. In addition to our restructuring actions, we are launching many projects to improve productivity, enhance yields and lower labor costs. In the second quarter, our Flooring North America Segment's sales declined 4.3% versus the prior year. The Segment’s operating margin was 8.2% as reported, or 8.6% on an adjusted basis, as a result of lower input costs, productivity gains and less restructuring costs, partially offset by the unfavorable impact of price and product mix. Despite challenging market conditions, volumes improved year over year in some products and channels, though partially offset by price and mix dynamics. This year, we have expanded our relationships with larger U.S. home builders, which are increasing their share of the market. Sales of our LVT and laminate collections were stronger in the retailer and builder channels. Our recent laminate expansion is ramping up to satisfy higher demand for our waterproof flooring. The commercial sector continues to outperform residential, with hospitality, government and education channels leading, though fewer projects are being initiated. We anticipate present conditions continuing in the third quarter with elevated interest rates, inflation and weak housing sales impacting our markets. In the current environment, we are executing plans to optimize our revenues and costs. Our restructuring initiatives will deliver significant savings and enhance our performance when our markets recover. We continue to benefit from lower energy and raw material costs, partially offset by labor and freight inflation. In the third quarter, we anticipate pricing pressures will continue given low industry volumes, constrained consumer spending on larger purchases and consumers trading down. As usual, European summer holidays will seasonally impact our sales and performance. Given these factors, we anticipate our third quarter adjusted EPS to be between $2.80 and $2.90, excluding any restructuring or other one-time charges. While we manage the short-term environment, we are preparing to capitalize on the demand that occurs when the industry rebounds. Residential remodeling is our industry's largest category and should lead the recovery as interest rates decline and consumer confidence improves. Across our regions, new home construction and commercial projects will be initiated as the economy strengthens, and our product investments will enhance our participation. As the world’s largest flooring manufacturer, we have the innovative products, capabilities and financial strength to optimize our results as the market recovers.” ABOUT MOHAWK INDUSTRIES Mohawk Industries is the leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. Our industry leading innovation has yielded products and technologies that differentiate our brands in the marketplace and satisfy all remodeling and new construction requirements. Our brands are among the most recognized in the industry and include American Olean, Daltile, Eliane, Elizabeth, Feltex, Godfrey Hirst, Grupo Daltile, Karastan, Marazzi, Moduleo, Mohawk, Mohawk Group, Performance Accessories, Pergo, Quick-Step, Unilin and Vitromex. During the past two decades, Mohawk has transformed its business from an American carpet manufacturer into the world’s largest flooring company with operations in Australia, Brazil, Europe, Malaysia, Mexico, New Zealand, Russia and the United States. Certain of the statements in the immediately preceding paragraphs, particularly anticipating future performance, business prospects, growth and operating strategies and similar matters and those that include the words “could,” “should,” “believes,” “anticipates,” “expects,” and “estimates,” or similar expressions constitute “forward-looking statements.” For those statements, Mohawk claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. There can be no assurance that the forward-looking statements will be accurate because they are based on many assumptions, which involve risks and uncertainties. The following important factors could cause future results to differ: changes in economic or industry conditions; competition; inflation and deflation in freight, raw material prices and other input costs; inflation and deflation in consumer markets; currency fluctuations; energy costs and supply; timing and level of capital expenditures; timing and implementation of price increases for the Company’s products; impairment charges; identification and consummation of acquisitions on favorable terms, if at all; integration of acquisitions; international operations; introduction of new products; rationalization of operations; taxes and tax reform; product and other claims; litigation; geopolitical conflict; regulatory and political changes in the jurisdictions in which the Company does business; and other risks identified in Mohawk’s SEC reports and public announcements. Conference call Friday, July 26, 2024, at 11:00 AM Eastern Time To participate in the conference call via the Internet, please visit http://ir.mohawkind.com/events/event-details/mohawk-industries-inc-2nd-quarter-2024-earnings-call. To participate in the conference call via telephone, register in advance at https://dpregister.com/sreg/10190272/fceb831600 to receive a unique personal identification number. You can also dial 1-833-630-1962 (US/Canada) or 1-412-317-1843 (international) on the day of the call for operator assistance. For those unable to listen at the designated time, the call will remain available for replay through August 23, 2024, by dialing 1-877-344-7529 (US/Canada) or 1-412-317-0088 (international) and entering Conference ID #1152692. The call will be archived and available for replay under the "Investor Information" tab of mohawkind.com for replay for one year. The Company supplements its condensed consolidated financial statements, which are prepared and presented in accordance with US GAAP, with certain non-GAAP financial measures. As required by the Securities and Exchange Commission rules, the tables above present a reconciliation of the Company’s non-GAAP financial measures to the most directly comparable US GAAP measure. Each of the non-GAAP measures set forth above should be considered in addition to the comparable US GAAP measure, and may not be comparable to similarly titled measures reported by other companies. The Company believes these non-GAAP measures, when reconciled to the corresponding US GAAP measure, help its investors as follows: Non-GAAP revenue measures that assist in identifying growth trends and in comparisons of revenue with prior and future periods and non-GAAP profitability measures that assist in understanding the long-term profitability trends of the Company's business and in comparisons of its profits with prior and future periods. The Company excludes certain items from its non-GAAP revenue measures because these items can vary dramatically between periods and can obscure underlying business trends. Items excluded from the Company’s non-GAAP revenue measures include: foreign currency transactions and translation; more or fewer shipping days in a period and the impact of acquisitions. The Company excludes certain items from its non-GAAP profitability measures because these items may not be indicative of, or are unrelated to, the Company's core operating performance. Items excluded from the Company's non-GAAP profitability measures include: restructuring, acquisition and integration-related and other costs, legal settlements, reserves and fees, impairment of goodwill and indefinite-lived intangibles, acquisition purchase accounting, including inventory step-up from purchase accounting, adjustments of indemnification asset, adjustments of uncertain tax position and European tax restructuring. Contact: James Brunk, Chief Financial Officer (706) 624-2239
Luca Sutton of the TUfast Eco Team slashed 41% of weight from Shell Eco-marathon vehicle suspension with Altair® Inspire™ TROY, Mich., July 25, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to announce Luca Sutton, a member of the TUfast Eco Team, as the grand prize winner of the 2023-2024 Altair Global Student Contest. Sutton earned the contest's $7,500 grand prize by using Altair® Inspire™ to slash his team's Shell Eco-marathon vehicle suspension weight by 41%. Altair is thrilled to announce Luca Sutton, a member of the TUfast Eco Team, as the grand prize winner of the 2023-2024 Altair Global Student Contest. Sutton earned the contest’s $7,500 grand prize by using Altair® Inspire™ to slash his team’s Shell Eco-marathon vehicle suspension weight by 41%. In Sutton's winning entry, he used Inspire to develop accurate road loads to optimize five total parts. The optimization nearly halved the TUfast Eco Team's vehicle suspension weight and maintained a 1.3x factor of safety, ensuring its suspension will meet performance and durability targets when used in the field. Though Sutton won the competition for his individual entry, he will donate the grand prize earnings back to the TUfast Eco Team. "This year's edition of the Altair Global Student Contest was outstanding – countless participants worldwide went above and beyond to demonstrate how they can use Altair's world-class solutions to enable next-generation innovation and sustainability," said Jim Ryan, vice president of academic programs, Altair. "Moreover, the contest helped every student build their portfolio and demonstrate to potential employers worldwide that they're real-world ready like never before. These students and their work prove that the future of engineering and sustainability is in good hands." To celebrate the achievement, Sutton and the TUfast Eco Team were honored at a July 24 event at the Technical University of Munich (TUM) in Munich, Germany. The event also showcased how Altair technology contributed to the winning entry and how users of all kinds – including students and industry professionals alike – can benefit from the power, flexibility, and ease of use of Altair's portfolio. Special attention was paid to TUM's use of a special campuswide Altair license through the Altair Global Academic Program since 2022. As a student-focused equivalent of the professional-grade Altair Enlighten Award, the Altair Global Student Contest challenges students, as individuals or teams, to lightweight anything while meeting or exceeding structural integrity, performance, and sustainability targets. In a global marketplace where sustainability and efficiency are key, the Altair Global Student Contest gives young engineers and designers the chance to showcase their optimization and lightweighting challenges on a global scale, compete for cash prizes, and build an outstanding portfolio in preparation to enter the workforce. 36 participants from 18 different countries took home prizes in this year's edition of Altair Global Student Contest. The TUfast Eco Team is a TUM-based student team that competes in international motorsport competitions. The team designs and manufactures urban concept vehicles engineered for extreme electrical and aerodynamic efficiency to fulfill their vision of a mobility industry built on efficiency, sustainable electrification, and autonomous driving. "I am honored to accept this award, and would like to thank Altair and the competition's judges for selecting myself and the TUfast Eco Team as this year's winners. Inspire is a remarkable, easy-to-use software that has all the professional features needed to model any real-world problems," said Luca Sutton, head of running gear and suspension team lead, TUfast Eco Team. "At TUfast Eco, we continue to introduce finite element analysis (FEA), topology optimization, and multibody simulation to new members of the team with Inspire, which offers a very clean and user-friendly interface that eases the learning process and dramatically reduces the steep learning curve of simulating physical problems." To learn more about the Altair Academic Program, visit https://altair.com/academic-program. To learn more about Altair's lightweighting solutions, visit https://altair.com/lightweighting. To learn more about how Altair enables sustainability, visit https://altair.com/sustainability. About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com. Media contacts Altair Corporate Altair Investor Relations Bridget Hagan Stephen Palmtag +1.216.769.2658 +1.669.328.9111 corp-newsroom@altair.com ir@altair.com Altair Europe/The Middle East/Africa Charlotte Hartmann +49 7031 6208 0 emea-newsroom@altair.com
HONG KONG SAR - Media OutReach Newswire - 25 July 2024 - Blue, Hong Kong's first digital life insurer, set sail today. The insurer announced the launch of an insurance broker channel with a goal to partner with over 100 quality brokers in 2 years to provide diversified insurance products and comprehensive service experience to customers with different needs at different stages of life. Blue provides its broker channel with a unique insurance product series, special offers, and an innovative "Blue ConnectEasy" broker platform. The first product to be sold on Blue's broker channel is a brand-new 25-year participating life insurance plan "WeWealth GoWealth Generator" that is designed to meet customers' long-term wealth accumulation needs. Mr. Charles Hung, CEO and Executive Director of Blue Mr. Charles Hung, CEO and Executive Director of Blue, said, "Blue always puts customers first. We are committed to providing customers with simple, flexible, and valuable insurance products. We understand that people have different needs at different stages of life. In view of this, providing diverse products and service experiences better cater to customers' practical needs. Leveraging innovative technology, we launched a broker channel to introduce thoughtful insurance products that meet customers' needs. In the long run, Blue will benefit from the online-offline dual channels in terms of expanding customer base, attracting new customers, and promoting complex insurance plans with comprehensive and caring services to our customers." Developing a broker channel with innovative technology To accelerate the development of the broker channel, Blue unveiled a brand-new "Blue ConnectEasy" broker platform which harnessed innovative technology. It provides comprehensive 7x24 online support, enabling brokers to generate proposals, get a quote, check underwriting status, review policy information, track performance, handle administrative tasks, and analyze data at any time and anywhere. It not only eliminates the hassle of paper forms but also increases enrolment efficiency, thereby reaching the goal of data protection. Blue looks forward to working closely with the broker partners to achieve a "win-win" situation. Strengthening long-term competitiveness Since its establishment in 2018, Blue has continued to deliver impressive performance. In the first half of 2024, its Number of Policies (NOP) surged 101% compared with the same period in 2023. Its Annualized First Year Premiums (AFYP) for savings product in the second quarter grew by 80% compared with the first quarter this year. Blue expected that the new broker channel would drive the growth of its revenue premium and market share, hence strengthening its long-term competitiveness. Debut a 25-year participating life insurance plan The first product to be sold on the broker channel is a brand-new 25-year participating life insurance plan - "WeWealth GoWealth Generator". It meets the needs of appreciating long-term wealth, building education funds for kids, or preparing for retirement for customers. The main features of the product include: Fast breakeven: Fast breakeven in 2 years. Enjoy 25-year wealth accumulation with a 2-year premium payment Guaranteed Return: Average Annual Guaranteed Rate of Return can reach as high as 4.03% for the first 5 years Potential Earnings: Average Annual Total Rate of Return of up to 5.07% at the policy maturity Additional Protection: Additional Accidental Death Benefit within the first 5 policy years in addition to life protection Hassle-free Application: No need to submit any medical reports or conduct any health check-up For more product details, terms and conditions of "WeWealth GoWealth Generator", please visit Blue's website: www.blue.com.hk. Hashtag: #Blue #BlueConnectEasy #WeWealthGoWealthGeneratorThe issuer is solely responsible for the content of this announcement.ABOUT BLUE Blue is the first digital life insurer in Hong Kong. It is a joint venture between Hillhouse Capital, a leading investment management firm with extensive investment experience, and Tencent Holdings Limited, a leading Internet value added services provider. Blue focuses on providing simple, flexible and valuable insurance solutions. It is committed to making people's lives easier by empowering them to take charge of their own protection. For more information, please visit www.blue.com.hk.
Company posts 16% YoY growth with increases in ARR and bookings LONDON, July 24, 2024 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced its financial results for the first half of 2024. The company reports 16 percent YoY revenue growth, reflecting continued strong performance and strategic progress. Corero achieved significant year-over-year growth in Annual Recurring Revenue (ARR) from its subscription services and DDoS Protection-as-a-Service (DDPaaS). Additionally, the company saw substantial increases in bookings during the first half of the year, driven by the rising demand for its cutting-edge DDoS protection solutions. H1 business highlights include: 16% YoY revenue growth Renewal and expansion of the agreement with A2 Hosting Significant contract renewal with DigitalOcean Partnership with RoyaleHosting Partnership with SEMPRE to secure the availability of critical infrastructure Announced TierPoint customer win Growth to new markets including the Netherlands and Pakistan Key customer wins in Canada, Hong Kong, Israel, UK, and US "We are pleased to report that Corero is on plan and has built strong momentum as we enter the second half of the year," said Carl Herberger, CEO of Corero Network Security. "Our consistent growth in ARR and bookings underscores the market's recognition of the value and effectiveness of our DDoS protection solutions. We are confident in our ability to continue delivering robust performance and value to our shareholders." About Corero Network SecurityCorero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB Market (OTCQB: DDOSF). Logo - https://mma.prnasia.com/media2/1100072/Corero_Network_Security_Logo.jpg?p=medium600
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