Company
Darktrace PLC
LON:DARK
Darktrace is a world leader in Autonomous Cyber AI, having created the first, at-scale deployment of artificial intelligence for the enterprise. Developed by mathematicians, Darktrace uses self-learning AI algorithms to detect and neutralize cyber threats across diverse digital estates, including the cloud and networks, IoT and industrial control systems. Requiring minimal set-up, Darktrace AI protects against previously-unknown vulnerabilities, ransomware, data loss and insider threat.
61 stories
FIVE at FIVE: OpenAI saga; Autumn Statement preview; Darktrace short seller; FTSE 100 lower; Avoid Royal Mail stock?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Darktrace says three-quarters of customers now using AI
Cyber security firm claims to have prevented an upload of over 1GB of data to a generative AI tool in May
Darktrace touts ‘resilient business model’, revises down full-year ARR guidance
Churn rates tick higher in third quarter, though margins remain at the top end
Archive
FTSE 100 ends lower to put a dent in recovery efforts as borrowing costs rise
At the close, the UK's blue-chip index was at 7,837 points for a 0.8% loss on the day
Darktrace reaffirms full-year growth but warns of FX headwinds
Darktrace said, given FX movements, it will be reporting USD ARR to provide 'context for its revenue reporting and expectations'
Darktrace swings to profit on sales growth as Thoma Bravo pulls out of potential takeover deal
For the year ended June 30, 2022, the cybersecurity artificial intelligence company's pre-tax profit was US$5.3mln compared to a net loss of US$143.9mln for the comparative period in 2021
Archive
‘Farewell ma’am’: Queen Elizabeth II dies aged 96
The Queen, who has reigned for 70 years and was aged 96, died in Scotland this afternoon
Darktrace soars on bid approach from Thoma Bravo
Darktrace floated on the London Stock Exchange in April last year
Darktrace upbeat on full year as global turmoil boosts demand for cyber security
Darktrace also launched its new ‘PREVENT’ offering - an interconnected set of AI products that help organisations pre-empt future cyber-attacks
Darktrace says neither it nor acting executives are party to Autonomy proceedings
One of the company's executive directors was yesterday named in a High Court ruling on the sale of Autonomy to Hewlett Packard
Darktrace senior executive investigated for Britain's largest fraud involvement
The mid-cap company’s chief strategy officer Nicole Eagan was investigated by the US Department of Justice for her role in the £8.9bn (US$11bn) sale of software business Autonomy in 2011
Darktrace ups forecasts again as cyber attack threat grows
Costs are rising as it expands into the US, said the cybersecurity specialist
Darktrace under a shadow as JP Morgan highlights challenges
“In addition, there is a risk from public cloud vendors such as Microsoft, Google and Amazon"
Darktrace raises forecasts again as Russia sparks cyber war fears
Annual recurring revenue is now forecast to grow at a rate of 38.5-40%
Ukraine overhangs today's diary as Darktrace, Melrose Industries and London Stock Exchange lead a long list
Defence companies Meggitt and Melrose and cyber group Darktrace will be in focus tomorrow
Darktrace lands 'multi-million dollar' cyber security contract
The unnamed customer employs 250,000 staff across over 70 countries
CentralNic, Darktrace and Next Fifteen are among the top picks for 2022 for this investment bank
The least preferred in the TMT sector are FD Technologies, 4imprint Group and Kape Technologies
Darktrace upgrades full year expectations after 'strong' first half growth
"I am very pleased that we have continued to deliver strong growth across our customer base, ARR and revenue in1H FY 2022,” said Cathy Graham, Darktrace CFO.
FTSE 100 set for reshuffle next week, with Darktrace set to be booted
The review is scheduled for next week, with any changes coming into effect on December 21
Darktrace is increasingly more competitive, says Jefferies
Analysts said the cybersecurity group is building a “deeper competitive moat”
Darktrace shares do not reflect significant uncertainty in new area of cybersecurity market - broker
"Speaking with its customers, it appears Darktrace’s strong marketing engine has been a cause of some controversy, as many felt there was a gap between the promise and reality," the analysts said
Darktrace ups revenue guidance helped by foreign exchange
The US dollar has recently strengthened against key international currencies, such as the pound and the euro, creating foreign exchange headwinds
Darktrace investors sell 25mln shares in 750p placing
Darktrace shares have soared since they started trading at 250p in April
Darktrace hikes forecasts as customer base continues to grow
Sales performance has been towards the upper end of expectations in the recent weeks
Darktrace investors offload shares after netting tidy profit from IPO
The investors have sold the shares at a price of 620p each, a massive 148% premium on the cybersecurity group's IPO price of 250p
2021 IPO portfolio would be a winner
If you had a portfolio of stocks that listed in 2021, you'd be sitting pretty right now
Darktrace has extreme growth potential, says Berenberg
The broker said a rampant increase in cybercrime so far this year meant the outlook for the company is “only improving”
Darktrace shares climb as unconditional trading begins on the LSE
The cybersecurity firm's stock will trade on the premium segment of the LSE's main market following its cut-price IPO last week