Corero Network Security jumps up to 28% as revenue surges and group swings to profit

Tech Software & Services Written by: Ephrem Joseph 09:00 Wed 09 Sep 2026 --> Edited by: Ian Lyall Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Corero Network Security PLC ( AIM:CNS OTCQB:DDOSF ) View Price & Profile Corero Network Security jumps up to 28% as revenue surges and group swings to profit Published: 09:00 09 Sep 2026 BST Corero Network Security PLC (AIM:CNS, OTCQB:DDOSF) shares jumped as high as 28% to 10.9p after the cybersecurity specialist reported a sharp rise in first-half revenue, swung into profit and upgraded its full-year outlook. Revenue for the six months to 30 June 2026 climbed 42% to $15.5 million from $10.9 million a year earlier, driven by new customer wins and contract expansions. EBITDA improved to $2.6 million from a $1.4 million loss. Pre-tax profit was $1.4 million, reversing a $2.4 million loss in the corresponding period last year. Annualised recurring revenue increased 12% to $24.1 million, while order intake rose 14% to $14.3 million. Customer retention remained high at 96%. Momentum has continued into the second half, including a $1.4 million three-year contract with a Tier-1 US telecommunications group and a $3.4 million five-year deal with a Tier-1 UK telecoms provider. Chief executive Carl Herberger said demand for DDoS protection was continuing to grow as attacks became increasingly sophisticated. Following the stronger start to the second half, management now expects full-year revenue to exceed market expectations and EBITDA to significantly exceed forecasts. Corero said market consensus currently stands at $29.2 million for revenue and $3.3 million for EBITDA. Continue reading