Cybercrime threats bring worried companies to Darktrace's door
British-based cybersecurity firm’s revenues up by more than a quarter after tumultuous year
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British-based cybersecurity firm’s revenues up by more than a quarter after tumultuous year
Amid escalating cybercrime threats British-based cybersecurity firm Darktrace have reported a robust quarter with revenues surging by over a 25 per cent, driven by heightened demand from concerned companies.
Darktrace's revenue for the year ending June is expected to grow at least 25.5%, compared with its previous forecast range of increasing 23.5% to 25.0%.
Among the companies with reports and trading updates today are AstraZeneca, Lok'nstore, Darktrace, M&C Saatchi and Mears.
Cybersecurity specialist Darktrace reported solid growth in both operating and financial metrics in the March quarter on Thursday, as it raised its full-year guidance.