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Corero Network Security PLC DDoS protection business continues to yield results

Published: 13:24 13 Sep 2016 BST

Ashley Stephenson, chief executive of Corero Network Security (LON:CNS) talks to Proactive Investors Stocktube about the digital security firm’s continued efforts to protect businesses from DDoS (distributed denial of service ) attacks.
“It is yielding results. It has been a competitive first half,” he says, adding: “but, we’ve continued to announce new customers.”
He adds that average deal sizes have also increased, and “exciting names” are joining the growing list of Corero customers.
The group’s stable of customers includes a number of the top ten web hosting providers in the US and Europe, Stephenson adds.
He also acknowledges a disappointment that whilst growth continues it is not coming quite as fast as previously anticipated by the market.
Some of the larger new opportuinities are coming along a little slower to close than the company had expected, while at the same time.

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