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LONDON - Cybersecurity firm Corero Network Security plc (AIM:CNS) (OTCQX:DDOSF) reported Q3 2025 order intake of $7.4 million, up from $6.0 million in the same period last year, according to a company press release.
The DDoS protection specialist secured new contracts across multiple regions including the US, UK, Europe, Brazil and Singapore during the quarter. The company also announced a significant customer renewal and expansion deal in October with a leading US cloud computing provider worth $6.8 million over three years.
The expanded contract includes a $3.1 million renewal of existing services and a $3.7 million expansion to provide DDoS protection for the customer’s current and planned data center portfolio. The contract will be delivered on a subscription basis over the three-year term.
Corero has introduced several platform enhancements in the second half of 2025, including Layer 7 TLS Protection, Zero Trust Admission Control, Extended WAF and Application Security for Service Providers, and new deployment options.
"I am encouraged by the sales growth in Q3 2025 and the strong start to Q4 2025," said Carl Herberger, Chief Executive Officer at Corero, in the press release.
The company maintained its previous guidance for the full year ending December 31, 2025, projecting revenue between $24.0 million and $25.5 million, compared to $24.6 million in 2024. Corero expects EBITDA to range between a $1.5 million loss and break-even, down from a $2.5 million profit in 2024.
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